Royal Bank of Canada (TSX:RY)
264.44
+3.90 (1.50%)
May 29, 2026, 4:00 PM EST
Royal Bank of Canada Stock Forecast
Stock Price Forecast
According to 15 analysts polled by S&P Global, Royal Bank of Canada stock has a consensus rating of "Buy" and an average price target of $260.54. The average 1-year stock price forecast is 1.47% lower than the current stock price, while the lowest is $196.00 (-25.88%) and the highest is $280.00 (+5.88%).
Price Target: $260.54 (-1.47%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Royal Bank of Canada stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 7 | 7 | 7 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $232.00 | Hold | Maintains | $232.00 | -12.27% | May 21, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 21, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains $271.00 → $273.00 | Buy | Maintains | $271.00 → $273.00 | +3.24% | May 19, 2026 |
| Raymond James | Raymond James | Hold Downgrades $248.00 → $265.50 | Hold | Downgrades | $248.00 → $265.50 | +0.40% | May 12, 2026 |
Unknown Analyst Desjardins No rating | Desjardins | Buy Maintains $250.00 → $262.00 | Buy | Maintains | $250.00 → $262.00 | -0.92% | May 5, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.