Royal Bank Of Canada (NYSE:RY) Given Consensus Rating of “Moderate Buy” by Brokerages

Royal Bank Of Canada (NYSE:RYGet Free Report) (TSE:RY) has been given an average rating of “Moderate Buy” by the seventeen research firms that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $162.00.

A number of equities analysts have recently weighed in on RY shares. TD Cowen raised shares of Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research note on Thursday, December 4th. UBS Group restated a “buy” rating on shares of Royal Bank Of Canada in a research note on Tuesday, November 25th. Zacks Research raised Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Bank Of Canada in a research note on Wednesday, October 8th. Finally, Natl Bk Canada raised Royal Bank Of Canada from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st.

Check Out Our Latest Stock Analysis on Royal Bank Of Canada

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of RY. Norges Bank bought a new stake in Royal Bank Of Canada in the second quarter worth $2,599,262,000. Canerector Inc. lifted its position in shares of Royal Bank Of Canada by 20,412.0% in the third quarter. Canerector Inc. now owns 13,332,800 shares of the financial services provider’s stock worth $1,964,188,000 after buying an additional 13,267,800 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Royal Bank Of Canada by 1,218.0% during the 2nd quarter. Fisher Asset Management LLC now owns 5,723,581 shares of the financial services provider’s stock worth $752,937,000 after acquiring an additional 5,289,330 shares in the last quarter. Picton Mahoney Asset Management bought a new stake in shares of Royal Bank Of Canada during the 2nd quarter worth about $329,983,000. Finally, Vanguard Group Inc. increased its holdings in shares of Royal Bank Of Canada by 3.9% during the 2nd quarter. Vanguard Group Inc. now owns 65,008,684 shares of the financial services provider’s stock valued at $8,567,752,000 after acquiring an additional 2,437,164 shares during the last quarter. Institutional investors own 45.31% of the company’s stock.

More Royal Bank Of Canada News

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

  • Positive Sentiment: CEO McKay said RBC is looking at China and the Middle East to diversify its markets — a strategic push that could open new revenue pools (wealth, corporate, and capital markets) and reduce reliance on North American exposures amid rising geopolitical friction. RBC Looking at China, Middle East to Diversify, CEO McKay Says
  • Neutral Sentiment: RBC Capital reiterated an Outperform on ServiceNow after its OpenAI partnership — a reminder of RBC’s active tech research that supports deal flow and client advisory credibility (potentially positive for fee income, but indirect). RBC Reiterates Outperform on ServiceNow
  • Neutral Sentiment: RBC’s research desk has been busy initiating coverage on major AI/semiconductor names (Nvidia, Micron, Broadcom, ASML, Astera Labs) with generally constructive stances — this highlights the bank’s research reach and could support trading and IB revenues, though the impact to RY’s near‑term earnings is indirect. RBC Initiates Nvidia at Outperform RBC Initiates Broadcom
  • Neutral Sentiment: RBC research commentary on commodities (e.g., BHP / iron ore pricing) underscores the firm’s broad coverage but is largely market‑level analysis rather than a direct driver of RY fundamentals. RBC on BHP Iron Ore Pricing

Royal Bank Of Canada Price Performance

NYSE RY opened at $167.97 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market capitalization of $234.74 billion, a price-to-earnings ratio of 16.75, a price-to-earnings-growth ratio of 1.20 and a beta of 0.79. The company has a 50 day simple moving average of $163.12 and a 200-day simple moving average of $148.72. Royal Bank Of Canada has a 52-week low of $106.10 and a 52-week high of $174.61.

Royal Bank Of Canada (NYSE:RYGet Free Report) (TSE:RY) last released its quarterly earnings data on Wednesday, December 3rd. The financial services provider reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.51 by $0.25. Royal Bank Of Canada had a net margin of 14.83% and a return on equity of 16.83%. The firm had revenue of $12.27 billion for the quarter, compared to analyst estimates of $12.12 billion. During the same quarter in the prior year, the business earned $3.07 EPS. The company’s revenue for the quarter was up 14.2% compared to the same quarter last year. Equities research analysts predict that Royal Bank Of Canada will post 9.16 earnings per share for the current fiscal year.

Royal Bank Of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 24th. Shareholders of record on Monday, January 26th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 3.9%. This is a boost from Royal Bank Of Canada’s previous quarterly dividend of $1.54. The ex-dividend date is Monday, January 26th. Royal Bank Of Canada’s dividend payout ratio is presently 44.07%.

Royal Bank Of Canada Company Profile

(Get Free Report)

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.

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Analyst Recommendations for Royal Bank Of Canada (NYSE:RY)

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