Royal Bank of Canada
NYSE:RY

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Royal Bank of Canada
NYSE:RY
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Price: 123.52 USD -0.42% Market Closed
Market Cap: 174.8B 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 121.64 USD with a low forecast of 74.03 USD and a high forecast of 142.18 USD.

Lowest
Price Target
74.03 USD
40% Downside
Average
Price Target
121.64 USD
2% Downside
Highest
Price Target
142.18 USD
15% 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 3% 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 3%
5 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 3%
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 6%.

6%
Past Growth
6%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

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 12%.

5%
Past Growth
12%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

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
121.64 USD

According to Wall Street analysts, the average 1-year price target for RY is 121.64 USD with a low forecast of 74.03 USD and a high forecast of 142.18 USD.

What is Royal Bank of Canada's Revenue forecast?
Projected CAGR
6%

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 6%.

What is Royal Bank of Canada's Net Income forecast?
Projected CAGR
12%

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 12%.

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