Royal Bank of Canada (TSE:RY) Stock Price Expected to Rise, Barclays Analyst Says

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its price objective lifted by research analysts at Barclays from C$244.00 to C$245.00 in a research note issued to investors on Friday,BayStreet.CA reports. Barclays‘s target price would indicate a potential upside of 7.42% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. Canaccord Genuity Group increased their target price on Royal Bank of Canada from C$242.00 to C$255.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Scotiabank upped their price target on Royal Bank of Canada from C$231.00 to C$242.00 in a research report on Friday, January 9th. Canadian Imperial Bank of Commerce lifted their price objective on shares of Royal Bank of Canada from C$229.00 to C$242.00 and gave the stock a “neutral” rating in a report on Friday, February 13th. Raymond James Financial boosted their target price on shares of Royal Bank of Canada from C$239.00 to C$248.00 and gave the company an “outperform” rating in a research note on Tuesday, February 17th. Finally, Desjardins increased their target price on shares of Royal Bank of Canada from C$240.00 to C$247.00 and gave the stock a “buy” rating in a report on Monday, February 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$244.58.

Royal Bank of Canada Price Performance

Shares of TSE RY opened at C$228.07 on Friday. Royal Bank of Canada has a 1-year low of C$151.25 and a 1-year high of C$240.34. The company has a market capitalization of C$319.35 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 3.42 and a beta of 1.28. The business has a 50-day moving average of C$233.21 and a 200-day moving average of C$215.84.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last released its quarterly earnings results on Thursday, February 26th. The financial services provider reported C$4.08 EPS for the quarter. The firm had revenue of C$17.96 billion for the quarter. Royal Bank of Canada had a return on equity of 13.27% and a net margin of 28.23%. Research analysts expect that Royal Bank of Canada will post 12.3454675 EPS for the current fiscal year.

Insider Activity at Royal Bank of Canada

In related news, Director David Ian Mckay sold 91,288 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of C$228.75, for a total value of C$20,882,130.00. Following the sale, the director owned 5,873 shares of the company’s stock, valued at C$1,343,448.75. This trade represents a 93.96% decrease in their position.

Key Stories Impacting Royal Bank of Canada

Here are the key news stories impacting Royal Bank of Canada this week:

• Positive Sentiment: Raymond James raised its price target to C$260 and reiterated a “buy” rating, the largest upside among recent broker moves (~14% above current levels). Raymond James raise
• Positive Sentiment: Desjardins lifted its target to C$250 and maintains a “buy” call, signaling confidence in RBC’s near‑term outlook (~9.7% upside). Desjardins raise
• Positive Sentiment: National Bank Financial and Scotiabank both bumped targets to C$247 and hold “outperform” ratings, adding institutional support around an ~8–8.5% upside. National Bank / Scotiabank raises
• Positive Sentiment: Barclays raised its target to C$245 (coverage noted on BayStreet and TickerReport), another modest upward revision from a major international bank. Barclays raise TickerReport
• Positive Sentiment: RBC reported record Q1 results: EPS C$4.08 and revenue C$17.96B, with beats cited across personal banking, wealth management and capital markets — the core reason analysts are lifting targets. Press release Earnings coverage
• Neutral Sentiment: Bloomberg reports RBC is targeting new defense and energy projects in Canada — a strategic growth initiative that could lift future revenue but carries execution and cyclical risks. Bloomberg article
• Negative Sentiment: TD Securities trimmed its target slightly to C$259 from C$260 (still a “buy”), indicating minor pushback on valuation even as consensus remains constructive. TD Securities trim

Royal Bank of Canada Company Profile

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.