Weekly Research Analysts’ Ratings Changes for Royal Bank of Canada (RY)

Several brokerages have updated their recommendations and price targets on shares of Royal Bank of Canada (TSE: RY) in the last few weeks:

• 9/3/2026 – Royal Bank of Canada had its price target lowered by Canadian Imperial Bank of Commerce from C$311.00 to C$300.00. They now have a “neutral” rating on the stock.
• 9/3/2026 – Royal Bank of Canada had its price target raised by Jefferies Financial Group Inc. from C$268.00 to C$271.00.
• 9/2/2026 – Royal Bank of Canada was given a new C$320.00 price target by Desjardins. They now have a “buy” rating on the stock.
• 8/31/2026 – Royal Bank of Canada had its price target raised by Keefe, Bruyette & Woods from C$316.00 to C$324.00.
• 8/30/2026 – Royal Bank of Canada had its price target raised by National Bank Financial from C$318.00 to C$321.00. They now have an “outperform” rating on the stock.
• 8/28/2026 – Royal Bank of Canada had its price target lowered by TD from C$307.00 to C$306.00. They now have a “buy” rating on the stock.
• 8/28/2026 – Royal Bank of Canada had its price target raised by Scotia from C$311.00 to C$312.00. They now have a “sector outperform” rating on the stock.
• 8/28/2026 – Royal Bank of Canada had its price target raised by Canaccord Genuity Group Inc. from C$310.00 to C$318.00. They now have a “buy” rating on the stock.
• 8/24/2026 – Royal Bank of Canada was given a new C$318.00 price target by National Bank Financial. They now have an “outperform” rating on the stock.
• 8/21/2026 – Royal Bank of Canada had its price target raised by Barclays PLC from C$260.00 to C$300.00.
• 8/21/2026 – Royal Bank of Canada was given a new C$316.00 price target by Keefe, Bruyette & Woods. They now have a “hold” rating on the stock.
• 8/19/2026 – Royal Bank of Canada had its price target raised by Canadian Imperial Bank of Commerce from C$279.00 to C$311.00. They now have a “neutral” rating on the stock.
• 8/13/2026 – Royal Bank of Canada had its price target raised by National Bank Financial from C$271.00 to C$318.00. They now have an “outperform” rating on the stock.
• 8/13/2026 – Royal Bank of Canada had its price target raised by Jefferies Financial Group Inc. from C$240.00 to C$268.00.
• 8/12/2026 – Royal Bank of Canada had its price target raised by Raymond James Financial, Inc. from C$270.50 to C$306.00. They now have a “market perform” rating on the stock.
• 8/12/2026 – Royal Bank of Canada had its price target raised by TD from C$272.00 to C$307.00. They now have a “buy” rating on the stock.
• 8/5/2026 – Royal Bank of Canada had its price target raised by Desjardins from C$275.00 to C$320.00. They now have a “buy” rating on the stock.

Royal Bank of Canada Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 24th. Stockholders of record on Monday, August 24th were given a $1.76 dividend. This represents a $7.04 dividend on an annualized basis and a dividend yield of 2.5%. This is a positive change from Royal Bank of Canada’s previous quarterly dividend of $1.64. The ex-dividend date of this dividend was Monday, July 27th. Royal Bank of Canada’s payout ratio is currently 41.49%.

Insider Transactions at Royal Bank of Canada

In other Royal Bank of Canada news, insider Bruce Washington Ross sold 3,659 shares of the company’s stock in a transaction that occurred 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 transaction, the insider owned 235 shares in the company, valued at approximately C$65,792.95. This represents a 93.97% decrease in their position. Also, Director David Ian Mckay sold 23,091 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of C$279.97, for a total transaction of C$6,464,787.27. Following the completion of the sale, the director owned 5,873 shares of the company’s stock, valued at approximately C$1,644,263.81. The trade was a 79.72% decrease in their position. Insiders sold 292,398 shares of company stock valued at $84,179,616 over the last three months.

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.