Royal Bank of Canada (RY)
NYSE: RY · Real-Time Price · USD
112.14
-2.57 (-2.24%)
At close: Mar 28, 2025, 4:00 PM
110.35
-1.79 (-1.59%)
After-hours: Mar 28, 2025, 8:00 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 39.56% from the current stock price of 112.14.
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '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 | +72.11% | Dec 5, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $151 → $165 | Buy | Maintains | $151 → $165 | +47.14% | Aug 29, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $115 → $120 | Strong Buy | Maintains | $115 → $120 | +7.01% | Jun 6, 2024 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $140 → $150 | Hold → Buy | Upgrades | $140 → $150 | +33.76% | Apr 5, 2024 |
| Credit Suisse | Credit Suisse | Buy Maintains $138 → $139 | Buy | Maintains | $138 → $139 | +23.95% | Aug 25, 2023 |
Financial Forecast
Revenue This Year
65.73B
from 54.11B
Increased by 21.47%
Revenue Next Year
67.97B
from 65.73B
Increased by 3.41%
EPS This Year
13.41
from 11.25
Increased by 19.23%
EPS Next Year
14.69
from 13.41
Increased by 9.50%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 69.0B | 71.9B | 71.7B |
| Avg | 65.7B | 68.0B | 69.1B |
| Low | 58.2B | 60.5B | 63.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 27.5% | 9.3% | 5.5% |
| Avg | 21.5% | 3.4% | 1.7% |
| Low | 7.6% | -8.0% | -7.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.25 | 15.78 | 16.15 |
| Avg | 13.41 | 14.69 | 15.49 |
| Low | 12.43 | 13.52 | 14.41 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 26.7% | 17.7% | 10.0% |
| Avg | 19.2% | 9.5% | 5.5% |
| Low | 10.5% | 0.8% | -1.9% |
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.