TD Securities Issues Pessimistic Forecast for Royal Bank of Canada (TSE:RY) Stock Price

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its price objective reduced by research analysts at TD Securities from C$260.00 to C$259.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. TD Securities’ price target suggests a potential upside of 13.56% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the company. Raymond James Financial raised their price objective on 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. BMO Capital Markets increased their target price on shares of Royal Bank of Canada from C$229.00 to C$245.00 in a report on Wednesday, December 17th. Desjardins raised their price target on shares of Royal Bank of Canada from C$247.00 to C$250.00 and gave the company a “buy” rating in a research report on Friday. UBS Group boosted their price target on shares of Royal Bank of Canada from C$225.00 to C$238.00 in a report on Tuesday, November 25th. Finally, Jefferies Financial Group increased their price objective on shares of Royal Bank of Canada from C$217.00 to C$220.00 in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$244.58.

Royal Bank of Canada Stock Performance

Shares of RY opened at C$228.07 on Friday. The stock has a 50 day moving average price of C$233.21 and a two-hundred day moving average price of C$215.84. The firm has a market capitalization of C$319.35 billion, a P/E ratio of 16.21, a P/E/G ratio of 3.42 and a beta of 1.28. Royal Bank of Canada has a 52 week low of C$151.25 and a 52 week high of C$240.34.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its earnings results on Thursday, February 26th. The financial services provider reported C$4.08 earnings per share for the quarter. The company 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%. On average, equities analysts forecast that Royal Bank of Canada will post 12.3454675 earnings per share for the current year.

Insider Buying and Selling

In other Royal Bank of Canada news, Director David Ian Mckay sold 91,288 shares of the business’s 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 transaction, the director directly owned 5,873 shares in the company, valued at C$1,343,448.75. The trade was a 93.96% decrease in their ownership of the stock.

Key Royal Bank of Canada News

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

About Royal Bank of Canada

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.