RY Analyst Estimates: Price Targets, Revenue, Net Income, and EBIT Forecast - Royal Bank of Canada - Alpha Spread
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Royal Bank of Canada
NYSE:RY

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Royal Bank of Canada
NYSE:RY
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Price: 120.93 USD -0.46% Market Closed
Market Cap: 171.1B USD
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Wall Street
Price Targets

RY Price Targets Summary
Royal Bank of Canada

Wall Street analysts forecast RY stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for RY is 116.62 USD with a low forecast of 75.67 USD and a high forecast of 132.88 USD.

Lowest
Price Target
75.67 USD
37% Downside
Average
Price Target
116.62 USD
4% Downside
Highest
Price Target
132.88 USD
10% Upside

RY Last Price Targets
Royal Bank of Canada

The latest public price target was made on Jun 6, 2024 by Stephen Biggar from Argus Research , who expects RY stock to drop by 1% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Stephen Biggar
Argus Research
120 USD
Downside 1%
3 months ago
Jun 6, 2024
Royal Bank of Canada (RY) PT Raised to $120 at Argus
StreetInsider
Stephen Biggar
Argus Research
Price Target 120 USD
Upside/Downside 1%
View Source
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Revenue
Forecast

Revenue Estimate
Royal Bank of Canada

For the last 8 years the compound annual growth rate for Royal Bank of Canada's revenue is 6%. The projected CAGR for the next 3 years is 4%.

6%
Past Growth
4%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Net Income
Forecast

Net Income Estimate
Royal Bank of Canada

For the last 8 years the compound annual growth rate for Royal Bank of Canada's net income is 5%. The projected CAGR for the next 3 years is 11%.

5%
Past Growth
11%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is RY's stock price target?
Price Target
116.62 USD

According to Wall Street analysts, the average 1-year price target for RY is 116.62 USD with a low forecast of 75.67 USD and a high forecast of 132.88 USD.

What is Royal Bank of Canada's Revenue forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Royal Bank of Canada's revenue is 6%. The projected CAGR for the next 3 years is 4%.

What is Royal Bank of Canada's Net Income forecast?
Projected CAGR
11%

For the last 8 years the compound annual growth rate for Royal Bank of Canada's net income is 5%. The projected CAGR for the next 3 years is 11%.

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