Royal Bank of Canada (RY)
NYSE: RY · Real-Time Price · USD
120.28
+0.45 (0.38%)
At close: May 9, 2025, 4:00 PM
120.28
0.00 (0.00%)
After-hours: May 9, 2025, 7:00 PM EDT
Royal Bank of Canada Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Royal Bank of Canada stock have an average target of 156.5, with a low estimate of 120 and a high estimate of 193. The average target predicts an increase of 30.11% from the current stock price of 120.28.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 5, 2024.
Analyst Ratings
The average analyst rating for Royal Bank of Canada stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $195 → $193 | Buy | Maintains | $195 → $193 | +60.46% | Dec 5, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $151 → $165 | Buy | Maintains | $151 → $165 | +37.18% | Aug 29, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | -0.23% | Jun 6, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $140 → $150 | Hold → Buy | Upgrades | $140 → $150 | +24.71% | Apr 5, 2024 |
| Credit Suisse | Credit Suisse | Buy Maintains $138 → $139 | Buy | Maintains | $138 → $139 | +15.56% | Aug 25, 2023 |
Financial Forecast
Revenue This Year
66.09B
from 54.11B
Increased by 22.14%
Revenue Next Year
68.36B
from 66.09B
Increased by 3.42%
EPS This Year
13.85
from 11.25
Increased by 23.08%
EPS Next Year
14.84
from 13.85
Increased by 7.17%
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 69.1B | 71.9B | 75.3B |
| Avg | 66.1B | 68.4B | 70.1B |
| Low | 58.2B | 60.5B | 63.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 27.7% | 8.7% | 10.1% |
| Avg | 22.1% | 3.4% | 2.5% |
| Low | 7.6% | -8.5% | -7.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.70 | 15.89 | 16.79 |
| Avg | 13.85 | 14.84 | 16.05 |
| Low | 12.46 | 13.72 | 14.75 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 30.7% | 14.7% | 13.1% |
| Avg | 23.1% | 7.2% | 8.1% |
| Low | 10.7% | -0.9% | -0.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.