Royal Bank of Canada (TSE:RY) Price Target Raised to C$271.00 at Jefferies Financial Group

Posted by Brenda Bartman on Sep 3rd, 2026

Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) had its price objective lifted by equities researchers at Jefferies Financial Group from C$268.00 to C$271.00 in a report issued on Thursday, BayStreet reports. Jefferies Financial Group’s price target points to a potential downside of 7.15% from the stock’s current price.

Several other research firms have also issued reports on RY. Keefe, Bruyette & Woods lifted their price objective on shares of Royal Bank of Canada from C$316.00 to C$324.00 in a research note on Monday. Scotiabank increased their target price on shares of Royal Bank of Canada from C$275.00 to C$280.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, June 16th. Canadian Imperial Bank of Commerce raised their target price on Royal Bank of Canada from C$279.00 to C$311.00 and gave the company a “neutral” rating in a report on Wednesday, August 19th. TD reduced their price target on Royal Bank of Canada from C$307.00 to C$306.00 and set a “buy” rating for the company in a research report on Friday, August 28th. Finally, Canaccord Genuity Group upped their price target on Royal Bank of Canada from C$310.00 to C$318.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$292.86.

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Royal Bank of Canada Trading Up 1.4%

TSE RY traded up C$3.99 during trading on Thursday, reaching C$291.88. The company’s stock had a trading volume of 929,537 shares, compared to its average volume of 3,519,181. The stock has a market capitalization of C$404.09 billion, a PE ratio of 18.40, a PEG ratio of 3.42 and a beta of 1.05. The business has a 50-day moving average price of C$293.31 and a 200-day moving average price of C$261.95. Royal Bank of Canada has a 1-year low of C$199.17 and a 1-year high of C$306.38.

Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) last posted its earnings results on Thursday, August 27th. The financial services provider reported C$4.28 EPS for the quarter. Royal Bank of Canada had a net margin of 15.92% and a return on equity of 16.11%. The company had revenue of C$18.54 billion during the quarter. As a group, analysts expect that Royal Bank of Canada will post 12.3454675 earnings per share for the current year.

Insider Activity at Royal Bank of Canada

In other Royal Bank of Canada news, Director David Ian Mckay sold 23,091 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of C$279.97, for a total value of C$6,464,787.27. Following the sale, the director owned 5,873 shares of the company’s stock, valued at C$1,644,263.81. This trade represents a 79.72% decrease in their position. Also, insider Neil Mclaughlin sold 4,000 shares of the stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of C$287.72, for a total transaction of C$1,150,880.00. Over the last three months, insiders sold 352,767 shares of company stock valued at $100,643,023.

Royal Bank of Canada Company Profile

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Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.