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NYSE: RY
Royal Bank Of Canada Stock Forecast, Predictions & Price Target

Analyst price target for RY

Based on 2 analysts offering 12 month price targets for Royal Bank Of Canada.
Min Forecast
$132.00+22.51%
Avg Forecast
$136.00+26.22%
Max Forecast
$140.00+29.93%

Should I buy or sell RY stock?

Based on 2 analysts offering ratings for Royal Bank Of Canada.
Buy
Strong Buy
0 analysts 0%
Buy
2 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

RY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Credit Suisse
Top 50%
51
BuyMaintains$132.00+22.51%2021-05-28
ScotiaBank
Bottom 33%
33
BuyMaintains$140.00+29.93%2021-05-20
Anonymous
Bank of America
HoldDowngrades$125.00+16.01%2021-03-02

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Forecast return on equity

Is RY forecast to generate an efficient return?
Company
18.52%
Industry
407.54%
Market
47.35%
RY's Return on Equity is forecast to be low in 3 years (18.52%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is RY forecast to generate an efficient return on assets?
Company
0.99%
Industry
0.89%
RY is forecast to generate higher Return on Assets (0.99%) than the US Banks - Diversified industry average (0.89%)
Forecast

RY earnings per share forecast

What is RY's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$8.86+48.04%
Avg 2 year Forecast
$8.67+44.86%
RY's earnings are forecast to grow at an exceptional rate of 46.91% per year
Forecast

RY revenue forecast

What is RY's revenue in the next 2 years based on estimates from 1 analysts?
Avg 1 year Forecast
$36.0B-0.12%
Avg 2 year Forecast
$37.8B+4.96%
RY's revenue is forecast to grow at a rate of -0.88% per year, which is not exceptional
Forecast

RY earnings growth forecast

How is RY forecast to perform vs Banks - Diversified companies and vs the US market?
Company
46.91%
Industry
27.57%
Market
158.13%
RY's earnings are forecast to grow faster (46.91% per year) than the US Banks - Diversified industry average (27.57%)
Forecast
RY's earnings are forecast to grow slower (46.91% per year) than the US market average (158.13%)
Forecast
RY's earnings are forecast to grow faster (46.91% per year) than the risk-free savings rate (1.7%)
Forecast

RY revenue growth forecast

How is RY forecast to perform vs Banks - Diversified companies and vs the US market?
Company
-0.88%
Industry
-1.69%
Market
66.93%
RY's revenues are forecast to grow faster (-0.88% per year) than the US Banks - Diversified industry average (-1.69%)
Forecast
RY's revenues are forecast to grow slower (-0.88% per year) than the US market average (66.93%)
Forecast

Royal Bank Of Canada Stock Forecast FAQ

Is Royal Bank Of Canada Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: RY) stock is to Buy RY stock.

Out of 2 analysts, 0 (0%) are recommending RY as a Strong Buy, 2 (100%) are recommending RY as a Buy, 0 (0%) are recommending RY as a Hold, 0 (0%) are recommending RY as a Sell, and 0 (0%) are recommending RY as a Strong Sell.

What is RY's earnings growth forecast for 2021-2022?

(NYSE: RY) Royal Bank Of Canada's forecast annual earnings growth rate of 46.91% is forecast to beat the US Banks - Diversified industry's average forecast earnings growth rate of 27.57%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 158.13%.

Royal Bank Of Canada's earnings in 2021 is $8,793,846,153.On average, 5 Wall Street analysts forecast RY's earnings for 2021 to be $12,615,410,888, with the lowest RY earnings forecast at $12,387,593,084, and the highest RY earnings forecast at $12,772,035,628.

In 2022, RY is forecast to generate $12,344,877,246 in earnings, with the lowest earnings forecast at $11,832,287,187 and the highest earnings forecast at $13,227,671,235.

What is RY's revenue growth forecast for 2021-2022?

(NYSE: RY) Royal Bank Of Canada's forecast annual revenue growth rate of -0.88% is forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of -1.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 66.93%.

Royal Bank Of Canada's revenue in 2021 is $36,293,076,923.On average, 1 Wall Street analysts forecast RY's revenue for 2021 to be $51,222,526,538,160, with the lowest RY revenue forecast at $51,222,526,538,160, and the highest RY revenue forecast at $51,222,526,538,160.

In 2022, RY is forecast to generate $53,824,689,970,846 in revenue, with the lowest revenue forecast at $53,824,689,970,846 and the highest revenue forecast at $53,824,689,970,846.

What is RY's forecast return on assets (ROA) for 2021-2022?

(NYSE: RY) forecast ROA is 0.99%, which is higher than the forecast US Banks - Diversified industry average of 0.89%.

What is RY's Price Target?

According to 2 Wall Street analysts that have issued a 1 year RY price target, the average RY price target is $136.00, with the highest RY stock price forecast at $140.00 and the lowest RY stock price forecast at $132.00.

On average, Wall Street analysts predict that Royal Bank Of Canada's share price could stay at $136.00 by May 28, 2022. The average Royal Bank Of Canada stock price prediction forecasts a potential downside of N/A from the current RY share price of $107.75.

What is RY's Earnings Per Share (EPS) forecast for 2021-2022?

(NYSE: RY) Royal Bank Of Canada's current Earnings Per Share (EPS) is $6.03. On average, analysts forecast that RY's EPS will be $8.86 for 2021, with the lowest EPS forecast at $8.70, and the highest EPS forecast at $8.97. In 2022, RY's EPS is forecast to hit $8.67 (min: $8.31, max: $9.29).

What is RY's forecast return on equity (ROE) for 2021-2022?

(NYSE: RY) forecast ROE is 18.52%, which is considered weak.
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