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

Analyst price target for RY

Based on 1 analyst offering 12 month price targets for Royal Bank Of Canada.
Min Forecast
$125.00+23.6%
Avg Forecast
$125.00+23.6%
Max Forecast
$125.00+23.6%

Should I buy or sell RY stock?

Based on 1 analyst offering ratings for Royal Bank Of Canada.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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RY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Argus Research
Top 10%
91
Strong BuyMaintains$125.00+23.60%2022-06-06Find out why

1 of 1

Forecast return on equity

Is RY forecast to generate an efficient return?
Company
14.96%
Industry
15.45%
Market
45.98%
RY's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RY forecast to generate an efficient return on assets?
Company
0.84%
Industry
1.07%
RY is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RY earnings per share forecast

What is RY's earnings per share in the next 1 years based on estimates from 5 analysts?
Avg 1 year Forecast
$8.77+9.23%

RY revenue forecast

What is RY's revenue in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
$39.4B+10.91%

RY vs Diversified Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
RY$101.13$125.00+23.60%Strong Buy
HSBC$37.15N/AN/AHold
TD$68.67$81.14+18.15%Buy
WFC$46.12$53.15+15.24%Buy
C$51.86$58.81+13.41%Hold

Royal Bank Of Canada Stock Forecast FAQ

Is Royal Bank Of Canada Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: RY) stock is to Strong Buy RY stock.

Out of 1 analyst, 1 (100%) are recommending RY as a Strong Buy, 0 (0%) 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.

If you're new to stock investing, here's how to buy Royal Bank Of Canada stock.

What is RY's earnings growth forecast for 2023-2023?

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

Royal Bank Of Canada's earnings in 2023 is $11,875,187,969.

In 2023, RY is forecast to generate $12,151,635,236 in earnings, with the lowest earnings forecast at $9,435,876,392 and the highest earnings forecast at $13,343,243,709.

What is RY's revenue growth forecast for 2023-2023?

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

Royal Bank Of Canada's revenue in 2023 is $36,830,827,067.

In 2023, RY is forecast to generate $54,547,665,237,734 in revenue, with the lowest revenue forecast at $54,547,665,237,734 and the highest revenue forecast at $54,547,665,237,734.

What is RY's forecast return on assets (ROA) for 2023-2023?

(NYSE: RY) forecast ROA is 0.84%, which is lower than the forecast US Banks - Diversified industry average of 1.07%.

What is RY's Price Target?

According to 1 Wall Street analyst that have issued a 1 year RY price target, the average RY price target is $125.00, with the highest RY stock price forecast at $125.00 and the lowest RY stock price forecast at $125.00.

The Wall Street analyst predicted that Royal Bank Of Canada's share price could reach $125.00 by Jun 6, 2023. The average Royal Bank Of Canada stock price prediction forecasts a potential upside of 23.6% from the current RY share price of $101.13.

What is RY's Earnings Per Share (EPS) forecast for 2023-2023?

(NYSE: RY) Royal Bank Of Canada's current Earnings Per Share (EPS) is $8.33. In 2023, RY's EPS is forecast to hit $8.77 (min: $6.81, max: $9.63).

What is RY's forecast return on equity (ROE) for 2023-2023?

(NYSE: RY) forecast ROE is 14.96%, which is considered weak.
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