National Bank Financial Raises Royal Bank of Canada (TSE:RY) Price Target to C$247.00

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its price target raised by stock analysts at National Bank Financial from C$241.00 to C$247.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The firm presently has an “outperform” rating on the financial services provider’s stock. National Bank Financial’s price target points to a potential upside of 8.30% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Canaccord Genuity Group upped their price target on Royal Bank of Canada from C$242.00 to C$255.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Raymond James Financial boosted their price objective on shares of Royal Bank of Canada from C$239.00 to C$248.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Barclays upped their target price on shares of Royal Bank of Canada from C$244.00 to C$245.00 in a research note on Friday. Canadian Imperial Bank of Commerce lifted their price target on shares of Royal Bank of Canada from C$229.00 to C$242.00 and gave the stock a “neutral” rating in a research report on Friday, February 13th. Finally, Desjardins boosted 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 report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$244.58.

Royal Bank of Canada Stock Down 1.8%

TSE:RY opened at C$228.07 on Friday. Royal Bank of Canada has a 12-month low of C$151.25 and a 12-month high of C$240.34. The stock’s fifty day simple moving average is C$233.21 and its 200-day simple moving average is 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 (TSE:RY) (NYSE:RY) last released its quarterly earnings data on Thursday, February 26th. The financial services provider reported C$4.08 EPS for the quarter. Royal Bank of Canada had a return on equity of 13.27% and a net margin of 28.23%.The business had revenue of C$17.96 billion during the quarter. As a group, equities research analysts expect that Royal Bank of Canada will post 12.3454675 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director David Ian Mckay sold 91,288 shares of the company’s stock in a transaction on 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 completion of the transaction, the director directly owned 5,873 shares of the company’s stock, valued at approximately C$1,343,448.75. This represents a 93.96% decrease in their position.

Royal Bank of Canada News Summary

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.