Brokerages Set Royal Bank Of Canada (NYSE:RY) Target Price at $162.00

Shares of Royal Bank Of Canada (NYSE:RY) (TSE:RY) have earned an average rating of “Moderate Buy” from the fourteen analysts that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $162.00.

A number of equities analysts have recently issued reports on RY shares. Scotiabank reissued an “outperform” rating on shares of Royal Bank Of Canada in a research note on Friday, January 9th. Zacks Research downgraded Royal Bank Of Canada from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Jefferies Financial Group lowered Royal Bank Of Canada from a “buy” rating to a “hold” rating in a report on Tuesday, November 25th. TD Securities upgraded Royal Bank Of Canada from a “hold” rating to a “buy” rating in a research report on Thursday, December 4th. Finally, TD Cowen raised Royal Bank Of Canada from a “hold” rating to a “buy” rating in a report on Thursday, December 4th.

Trending Headlines about Royal Bank Of Canada

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

• Positive Sentiment: Recent analyst consensus remains constructive — brokerages give RY an average recommendation of “Moderate Buy,” supporting medium‑term demand for the shares. Article Title
• Positive Sentiment: Q4 results (reported Feb. 26) showed an earnings beat and revenue upside (EPS $2.94 vs. $2.81 est.; revenue $13.18B vs. $12.60B), which is supportive of fundamentals and dividend coverage. (Background filing)
• Positive Sentiment: Dividend appeal highlighted in recent coverage — Zacks profiles RY as an attractive dividend stock for income investors, which can underpin demand from yield‑focused holders. Article Title
• Neutral Sentiment: Valuation/attractiveness debate continues — recent analyst pieces and market commentary ask whether RY remains attractive after multi‑year gains, suggesting mixed views that can limit directional conviction. Article Title
• Negative Sentiment: Near‑term price weakness and underperformance reported — MarketWatch notes RY underperformed the market on Thursday, reflecting either profit‑taking after recent gains or sector‑wide headwinds that weighed on the stock. Article Title
• Negative Sentiment: Technical/flow pressure — intraday volume is below average, the stock has slipped below its 50‑day moving average (~$169) (short‑term bearish signal), though it remains near/above the 200‑day (~$158) which limits a deeper technical sell signal. (Background data)

Royal Bank Of Canada Stock Down 1.1%

RY stock opened at $161.25 on Friday. The stock has a market capitalization of $225.37 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 1.22 and a beta of 0.79. The company has a fifty day moving average of $168.76 and a 200-day moving average of $157.99. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.70 and a current ratio of 0.70. Royal Bank Of Canada has a one year low of $106.10 and a one year high of $176.19.

Royal Bank Of Canada (NYSE:RY) (TSE:RY) last issued its quarterly earnings results on Thursday, February 26th. The financial services provider reported $2.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.81 by $0.13. Royal Bank Of Canada had a net margin of 15.28% and a return on equity of 17.12%. The business had revenue of $13.18 billion for the quarter, compared to analyst estimates of $12.60 billion. During the same period in the previous year, the business posted $3.62 earnings per share. The business’s revenue was up 4.4% compared to the same quarter last year. As a group, analysts expect that Royal Bank Of Canada will post 9.16 EPS for the current year.

Royal Bank Of Canada Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Thursday, April 23rd will be issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Thursday, April 23rd. Royal Bank Of Canada’s dividend payout ratio (DPR) is currently 45.74%.

Institutional Trading of Royal Bank Of Canada

A number of institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in Royal Bank Of Canada by 33.1% in the fourth quarter. Brighton Jones LLC now owns 2,313 shares of the financial services provider’s stock valued at $279,000 after buying an additional 575 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Royal Bank Of Canada by 60.9% during the 1st quarter. AQR Capital Management LLC now owns 11,779 shares of the financial services provider’s stock worth $1,321,000 after acquiring an additional 4,460 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Royal Bank Of Canada by 57.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,284 shares of the financial services provider’s stock worth $695,000 after acquiring an additional 1,934 shares during the period. Fox Run Management L.L.C. increased its stake in Royal Bank Of Canada by 58.2% in the 2nd quarter. Fox Run Management L.L.C. now owns 3,158 shares of the financial services provider’s stock valued at $415,000 after purchasing an additional 1,162 shares in the last quarter. Finally, Allworth Financial LP increased its stake in Royal Bank Of Canada by 11.9% in the 2nd quarter. Allworth Financial LP now owns 2,071 shares of the financial services provider’s stock valued at $272,000 after purchasing an additional 220 shares in the last quarter. Hedge funds and other institutional investors own 45.31% of the company’s stock.

Royal Bank Of Canada Company Profile

Royal Bank of Canada (NYSE: RY) is a diversified financial services company and one of Canada’s largest banks. Founded in 1864 in Halifax, Nova Scotia, the firm is now headquartered in Toronto, Ontario. It provides a broad range of banking and financial services to individuals, businesses, and institutional clients through a network of branches, digital platforms and international offices.

RBC operates across several principal business segments including personal and commercial banking, wealth management, insurance, investor and treasury services, capital markets, and global asset management.