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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
$150.00+53.28%
Avg Forecast
$150.00+53.28%
Max Forecast
$150.00+53.28%

Should I buy or sell RY stock?

Based on 1 analyst offering ratings for Royal Bank Of Canada.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
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
lockedlocked$00.00+00.00%2024-04-05

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Forecast return on equity

Is RY forecast to generate an efficient return?

Forecast return on assets

Is RY forecast to generate an efficient return on assets?

RY revenue forecast

What is RY's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$40.7B+0.15%
Avg 2 year Forecast
$43.6B+7.23%
Avg 3 year Forecast
$46.5B+14.39%
RY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RY revenue growth forecast

How is RY forecast to perform vs Banks - Diversified companies and vs the US market?
Company
3.95%
Industry
2.02%
Market
9.2%
RY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RY vs Diversified Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
RY$97.86$150.00+53.28%Buy
MUFG$9.81N/AN/A
HSBC$40.52N/AN/A
C$59.14$69.20+17.01%Buy
TD$58.09N/AN/A

Royal Bank Of Canada Stock Forecast FAQ

Is Royal Bank Of Canada Stock a good buy in 2024, according to Wall Street analysts?

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

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

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

What is RY's revenue growth forecast for 2024-2026?

(NYSE: RY) Royal Bank Of Canada's forecast annual revenue growth rate of 3.95% is forecast to beat the US Banks - Diversified industry's average forecast revenue growth rate of 2.02%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Royal Bank Of Canada's revenue in 2024 is $40,385,185,185.On average, 2 Wall Street analysts forecast RY's revenue for 2024 to be $57,382,804,240,515, with the lowest RY revenue forecast at $56,298,016,832,130, and the highest RY revenue forecast at $58,467,591,648,900. On average, 2 Wall Street analysts forecast RY's revenue for 2025 to be $61,437,500,042,625, with the lowest RY revenue forecast at $60,016,998,248,010, and the highest RY revenue forecast at $62,858,001,837,240.

In 2026, RY is forecast to generate $65,542,167,844,380 in revenue, with the lowest revenue forecast at $65,542,167,844,380 and the highest revenue forecast at $65,542,167,844,380.

What is RY's forecast return on assets (ROA) for 2024-2026?

(NYSE: RY) forecast ROA is N/A, which is lower than the forecast US Banks - Diversified industry average of 0.37%.

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 $150.00, with the highest RY stock price forecast at $150.00 and the lowest RY stock price forecast at $150.00.

The Wall Street analyst predicted that Royal Bank Of Canada's share price could reach $150.00 by Apr 5, 2025. The average Royal Bank Of Canada stock price prediction forecasts a potential upside of 53.28% from the current RY share price of $97.86.

What is RY's forecast return on equity (ROE) for 2024-2026?

(NYSE: RY) forecast ROE is N/A, which is considered weak.
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