Royal Bank of Canada (TSE:RY) Price Target Raised to C$321.00 at National Bank Financial

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its price target lifted by stock analysts at National Bank Financial from C$318.00 to C$321.00 in a research note issued on Sunday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the financial services provider’s stock. National Bank Financial’s price objective suggests a potential upside of 12.96% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. Barclays lifted their price target on shares of Royal Bank of Canada from C$260.00 to C$300.00 in a research note on Friday, August 21st. Jefferies Financial Group lifted their target price on shares of Royal Bank of Canada from C$240.00 to C$268.00 in a research report on Thursday, August 13th. Desjardins upped their target price on shares of Royal Bank of Canada from C$275.00 to C$320.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Scotiabank raised their price target on shares of Royal Bank of Canada from C$275.00 to C$280.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, June 16th. Finally, Scotia lifted their price objective on Royal Bank of Canada from C$311.00 to C$312.00 and gave the company a “sector outperform” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$292.86.

Royal Bank of Canada Stock Up 0.2%

Royal Bank of Canada stock traded up C$0.70 during trading hours on Friday, hitting C$284.17. The stock had a trading volume of 3,148,772 shares, compared to its average volume of 3,530,188. The company has a 50-day moving average of C$293.49 and a two-hundred day moving average of C$260.71. Royal Bank of Canada has a fifty-two week low of C$197.58 and a fifty-two week high of C$306.38. The company has a market cap of C$393.41 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 3.42 and a beta of 1.05.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last announced its quarterly earnings data on Thursday, August 27th. The financial services provider reported C$4.28 earnings per share for the quarter. The company had revenue of C$18.54 billion for the quarter. Royal Bank of Canada had a return on equity of 16.11% and a net margin of 15.92%. As a group, analysts forecast that Royal Bank of Canada will post 12.3454675 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Bruce Washington Ross sold 3,659 shares of the business’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of C$279.97, for a total value of C$1,024,410.23. Following the sale, the insider owned 235 shares in the company, valued at approximately C$65,792.95. The trade was a 93.97% decrease in their position. Also, insider Katherine Gibson sold 462 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of C$279.97, for a total transaction of C$129,346.14. Following the completion of the sale, the insider directly owned 290 shares in the company, valued at approximately C$81,191.30. The trade was a 61.44% decrease in their position. Insiders have sold 352,767 shares of company stock worth $100,643,023 in the last three months.

Royal Bank of Canada News Summary

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

• Positive Sentiment: Record Q3 2026 earnings provided the main support. RBC reported C$4.28 in quarterly EPS and C$18.54 billion in revenue, with growth described as diversified across its businesses. Strong profitability, including a 15.95% return on equity, reinforces the bank’s earnings momentum. Royal Bank of Canada Reports Third Quarter 2026 Results
• Positive Sentiment: Analysts raised their outlooks following the results. Canaccord Genuity increased its price target from C$310 to C$318 and assigned a Buy rating. Scotia raised its target from C$311 to C$312 and maintained a Sector Outperform view. Both targets imply additional upside from recent levels. Royal Bank of Canada Analyst Ratings
• Positive Sentiment: TD remains bullish despite a small target reduction. TD lowered its price objective from C$307 to C$306 but retained a Buy rating, indicating that analysts continue to view RBC’s fundamentals favorably. Royal Bank of Canada Analyst Ratings
• Positive Sentiment: RBC’s recent dividend increase from $1.64 to $1.76 per share strengthens its shareholder-return appeal and signals management confidence in capital generation.
• Neutral Sentiment: Some investors argue that RBC’s strong performance is already reflected in its valuation. The bank trades at roughly 18.5 times earnings, so further gains may depend on continued earnings growth rather than multiple expansion. Royal Bank of Canada Another Record Quarter Same Valuation Problem
• Negative Sentiment: Insider Katherine Gibson sold 462 shares for approximately C$129,000, reducing her holdings by 61.44%. The transaction follows similar sales and may weigh slightly on sentiment, although it is not necessarily evidence of weakening business conditions. Royal Bank of Canada Insider Selling

Royal Bank of Canada Company Profile

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.