Royal Bank of Canada (RY) Stock Forecast & Price Prediction

Estimation of the future price movement of Royal Bank of Canada stock, based on various factors such as historical price trends, market trends, company performance, and economic conditions.

Price target


Current $91.09

Concensus $109.06


Low $94.00

Median $108.62

High $125.00

Based on analysts projections #RY is expected to experience a positive growth trajectory over the next year.

The current average RY price target, as estimated by these analysts, is $109.06.

The predictions for the future RY stock price range from a low of $94.00 to a high of $125.00, highlighting the variability of market expectations for RY.

It is important to note that market fluctuations and unforeseen events can have an impact on these projections, so investors should always exercise caution and conduct thorough research before making any investment decisions.

RY stock forecasts by analyst

Analyst / firm Date Rating Price target Price when posted
Argus Research June 6, 2022 Buy 125.00 105.28
Douglas Young
Desjardins
August 27, 2021 Buy 141.00 102.97
Ebrahim Poonawala
Bank of America Securities
May 19, 2021 Buy 132.00 98.81
Pauline Bell
CFRA
April 23, 2021 Buy 94.00 91.14

Royal Bank of Canada (RY) Fundamentals Checker

Financial metrics are used to evaluate financial stability which helps analysts determine if Royal Bank of Canada is undervalued compared to its fair value. A company's financial health can strongly influence the stock forecast.

Strong Buy

Financial Scores

Updated on: 07/12/2023

Altman Z-Score: 0.3

Piotroski Score: 7.0

ESG Score

Updated on: 07/12/2023

Environmental: 67.5

Social: 64.7

Governance: 62.6

Financial Health

Updated on: 07/12/2023

DCF: Strong Buy

ROE: Neutral

ROA: Neutral

Debt to equity ratio: Strong Buy

Price to earnings ratio: Strong Buy

Price to book ratio: Strong Buy

RY Discounted Cash Flow

Updated on: 07/12/2023

$227.838
Discounted Cash Flow Value


$91.090
Current Price

RY Revenues by Segment

Updated on: 07/12/2023

No available data

Revenue from Contract with Customer, Excluding Assessed Tax

RY Revenues by Region

Updated on: 07/12/2023

CANADA
$292,690,000.00
UNITED STATES
$117,870,000.00

RY Notes Due

Updated on: 07/12/2023

CIKExchangeTitle

There are no data to display

Royal Bank of Canada (RY) Social Sentiments

Monitoring bullish and bearish sentiments towards Royal Bank of Canada on Twitter and Stocktwits could help to forecast an upward or downward trend in Royal Bank of Canada stock price.

No social results for RY

Stock Forecast: Royal Bank of Canada (RY) - A Look at Innovation and Financial Performance

Royal Bank of Canada (RY) is one of the largest banks in North America, operating in the Banks - Diversified sector. Founded in 1864, RY has a long and illustrious history of providing excellent banking services to Canadians and people around the world. One of the key features that sets Royal Bank of Canada apart from many other banks is... Read more

Stability and growth potential: A stock prediction for Royal Bank of Canada (RY)

The Banks - Diversified sector of the stock market remains a popular choice amongst investors looking for stable long-term gains. One of the leading players in this industry is the Royal Bank of Canada, which trades under the stock ticker symbol 'RY.' The Royal Bank of Canada is not only the largest bank in Canada but also one of the... Read more