Raymond James Financial Issues Positive Forecast for Royal Bank of Canada (TSE:RY) Stock Price

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its target price boosted by investment analysts at Raymond James Financial from C$255.00 to C$260.00 in a research report issued to clients and investors on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the financial services provider’s stock. Raymond James Financial’s price target would suggest a potential upside of 14.12% from the stock’s current price.

Several other brokerages also recently weighed in on RY. Desjardins boosted their price objective on shares of Royal Bank of Canada from C$247.00 to C$250.00 and gave the stock a “buy” rating in a research report 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 note on Friday, February 13th. National Bank Financial upped their price objective on shares of Royal Bank of Canada from C$241.00 to C$247.00 and gave the company an “outperform” rating in a research note on Friday. Canaccord Genuity Group lifted their target price on Royal Bank of Canada from C$242.00 to C$255.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, UBS Group boosted their target price on Royal Bank of Canada from C$225.00 to C$238.00 in a report on Tuesday, November 25th. One equities 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. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$240.31.

Royal Bank of Canada Stock Performance

TSE RY traded down C$4.31 during trading on Friday, reaching C$227.83. 2,279,494 shares of the company’s stock were exchanged, compared to its average volume of 3,775,521. The company has a 50 day moving average price of C$233.30 and a two-hundred day moving average price of C$215.33. The stock has a market cap of C$319.01 billion, a P/E ratio of 16.19, a price-to-earnings-growth ratio of 3.42 and a beta of 1.28. Royal Bank of Canada has a 1 year low of C$151.25 and a 1 year high of C$240.34.

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

Insider Activity

In other news, Director David Ian Mckay sold 91,288 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of C$228.75, for a total value of C$20,882,130.00. Following the transaction, the director owned 5,873 shares of the company’s stock, valued at approximately C$1,343,448.75. The trade was a 93.96% decrease in their ownership of the stock.

More Royal Bank of Canada News

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

• Positive Sentiment: Q1 beat and record profit — RBC posted C$4.08 EPS and C$17.96B revenue, delivering an earnings and revenue surprise that signals resilient underlying businesses. ROYAL BANK OF CANADA REPORTS FIRST QUARTER 2026 RESULTS
• Positive Sentiment: Wealth & retail strength boosted results — Wealth management and personal banking benefited from strong North American equity markets and higher consumer activity, supporting fee income. RBC Earnings Beat Estimates, Boosted by Personal Banking, Wealth Management
• Positive Sentiment: Board returns and capital posture — Management reported record results and signaled stronger capital returns, which can support shareholder payouts and investor confidence. Royal Bank of Canada Posts Record Q1 2026 Profit and Strengthens Capital Returns
• Positive Sentiment: New business focus — RBC is targeting financing and advisory roles in emerging defense and energy projects in Canada, which could drive future fee and lending opportunities. RBC Seeks to Bet on New Defense, Energy Projects in Canada
• Neutral Sentiment: Business mix and highlights — Management emphasized strength across capital markets, personal and commercial banking; useful for modeling but not an immediate catalyst on its own. Royal Bank of Canada Earnings Lifted by Wealth Management
• Neutral Sentiment: Analyst commentary / earnings recap — Multiple outlets summarize the beat and operational drivers; useful context but largely reiterative of company release. Royal Bank of Canada Q1 earnings benefit from personal, commercial banking gains
• Negative Sentiment: Elevated credit-loss provision — Reports note an elevated provision that offset some of the upside; higher provisions can pressure near-term profitability and create uncertainty. Royal Bank (RY) Beats Q1 Earnings and Revenue Estimates
• Negative Sentiment: Valuation and market reaction — RY sits near its 52‑week high with a relatively high PEG; combined with lower-than-average trading volume today, this likely prompted short-term profit-taking that pushed the share price down despite the beat. Royal Bank of Canada Trading Info

Royal Bank of Canada Company Profile

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.