Royal Bank of Canada (RY) Stock Forecast & Price Target
Royal Bank of Canada · NYSE
$212.38+2.87 (+1.37%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 1 firms covering Royal Bank of Canada, 1 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $162.00 to $162.00, so the covering firms are broadly aligned. The average target of $162.00 sits 24% below the current $212.38. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $4.08 next quarter toward $17.63 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS1 ratings
Moderate Buy
Strong Buy00%
Buy1100%
Hold00%
Sell00%
Strong Sell00%
Based on 1 analysts giving stock ratings to Royal Bank of Canada.
As of Jul, 1 of 1 firms rate RY a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RY EPS & revenue forecast
EPS · NEXT QUARTER
$4.08
Range $3.90 – $4.28 · 9 analysts · +6% YoY
Next period, 9 analysts expect Royal Bank of Canada to earn $4.08 a share (range $3.90 – $4.28), versus $3.85 a year earlier. Full-year consensus is $16.09, growing to $17.63 the year after.
REVENUE · NEXT QUARTER
$18.4B
Range $18.2B – $18.6B · 9 analysts · +7% YoY
Revenue is expected to reach $18.4B (range $18.2B – $18.6B), +6.8% year-over-year. Full-year consensus is $71.6B, rising to $74.8B next year.
Top analysts covering Royal Bank of Canada
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RY.
#1
JA
John Aiken
Jefferies
Hold
$240.00+13.0% to target
Coverage
—
+ Follow
#2
SM
Sohrab Movahedi
BMO Capital
Buy
$245.00+15.4% to target
Coverage
—
+ Follow
#3
PH
Paul Holden
CIBC
Hold
$279.00+31.4% to target
Coverage
—
+ Follow
#4
BM
Brian Morton
Barclays
Buy
$260.00+22.4% to target
Coverage
—
+ Follow
#5
MM
Mario Mendonca
TD Cowen
Buy
$272.00+28.1% to target
Coverage
—
+ Follow
RY stock forecast FAQ
What is RY's average 12-month price target?+
The 1 analysts with a live target average $162.00 for Royal Bank of Canada over the next 12 months, ranging from a $162.00 high to a $162.00 low.
Is RY stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 1 analyst ratings, 1 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover RY?+
1 analysts have an active rating on Royal Bank of Canada, and 1 firms carry a live 12-month price target.
Who is the most accurate analyst covering RY?+
Among analysts who currently cover RY, John Aiken of Jefferies has the strongest overall Quantellect track record. Their current call is Hold with a $240.00 target.
What is Royal Bank of Canada's projected EPS for next quarter?+
The consensus estimate is $4.08 per share (range $3.90 – $4.28) across 9 analysts. Full-year EPS is projected at $16.09, rising to $17.63 the following year.
How much revenue is Royal Bank of Canada expected to report next quarter?+
Consensus revenue is $18.4B (range $18.2B – $18.6B). Full-year revenue is projected at $71.6B, growing to $74.8B next year.
Have analysts been upgrading or downgrading RY lately?+
As of Jul, 1 of 1 firms rate RY a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RY calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
