The latest price target for Royal Bank of Canada (NYSE:RY) was reported by Argus Research on June 6, 2024. The analyst firm set a price target for $120.00 expecting RY to rise to within 12 months (a possible 10.29% upside). 6 analyst firms have reported ratings in the last year.

The latest analyst rating for Royal Bank of Canada (NYSE:RY) was provided by Argus Research, and Royal Bank of Canada maintained their buy rating.

The last upgrade for Royal Bank of Canada happened on April 5, 2024 when BMO Capital raised their price target to $150. BMO Capital previously had a market perform for Royal Bank of Canada.

There is no last downgrade for Royal Bank of Canada.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Royal Bank of Canada, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Royal Bank of Canada was filed on June 6, 2024 so you should expect the next rating to be made available sometime around June 6, 2025.

While ratings are subjective and will change, the latest Royal Bank of Canada (RY) rating was a maintained with a price target of $115.00 to $120.00. The current price Royal Bank of Canada (RY) is trading at is $108.80, which is out of the analyst’s predicted range.