TD Securities Cuts Royal Bank of Canada (TSE:RY) Price Target to C$259.00

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its price objective cut by research analysts at TD Securities from C$260.00 to C$259.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. TD Securities’ price objective indicates a potential upside of 13.68% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. UBS Group upped their price objective on shares of Royal Bank of Canada from C$225.00 to C$238.00 in a research report on Tuesday, November 25th. BMO Capital Markets increased their target price on Royal Bank of Canada from C$229.00 to C$245.00 in a research report on Wednesday, December 17th. Desjardins increased their price objective on Royal Bank of Canada from C$247.00 to C$250.00 and gave the company a “buy” rating in a report on Friday. Canaccord Genuity Group upped their price objective on shares of Royal Bank of Canada from C$242.00 to C$255.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Finally, National Bank Financial increased their price target on Royal Bank of Canada from C$241.00 to C$247.00 and gave the stock an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$240.31.

Royal Bank of Canada Price Performance

RY traded down C$4.31 during trading on Friday, hitting C$227.83. The stock had a trading volume of 2,279,494 shares, compared to its average volume of 3,775,521. The firm has a market cap of C$319.01 billion, a price-to-earnings ratio of 16.19, a P/E/G ratio of 3.42 and a beta of 1.28. The company has a 50 day moving average price of C$233.30 and a 200-day moving average price of C$215.33. Royal Bank of Canada has a one year low of C$151.25 and a one year high of C$240.34.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last released its quarterly earnings results on Thursday, February 26th. The financial services provider reported C$4.08 EPS for the quarter. Royal Bank of Canada had a net margin of 28.23% and a return on equity of 13.27%. The business had revenue of C$17.96 billion for the quarter. As a group, sell-side analysts predict that Royal Bank of Canada will post 12.3454675 EPS for the current fiscal year.

Insider Activity

In other Royal Bank of Canada news, Director David Ian Mckay sold 91,288 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of C$228.75, for a total value of C$20,882,130.00. Following the completion of the transaction, the director owned 5,873 shares of the company’s stock, valued at C$1,343,448.75. The trade was a 93.96% decrease in their position.

Royal Bank of Canada News Summary

Here are the key news stories impacting Royal Bank of Canada this week:

• Positive Sentiment: Q1 beat and record profit — RBC posted C$4.08 EPS and C$17.96B revenue, delivering an earnings and revenue surprise that signals resilient underlying businesses. ROYAL BANK OF CANADA REPORTS FIRST QUARTER 2026 RESULTS
• Positive Sentiment: Wealth & retail strength boosted results — Wealth management and personal banking benefited from strong North American equity markets and higher consumer activity, supporting fee income. RBC Earnings Beat Estimates, Boosted by Personal Banking, Wealth Management
• Positive Sentiment: Board returns and capital posture — Management reported record results and signaled stronger capital returns, which can support shareholder payouts and investor confidence. Royal Bank of Canada Posts Record Q1 2026 Profit and Strengthens Capital Returns
• Positive Sentiment: New business focus — RBC is targeting financing and advisory roles in emerging defense and energy projects in Canada, which could drive future fee and lending opportunities. RBC Seeks to Bet on New Defense, Energy Projects in Canada
• Neutral Sentiment: Business mix and highlights — Management emphasized strength across capital markets, personal and commercial banking; useful for modeling but not an immediate catalyst on its own. Royal Bank of Canada Earnings Lifted by Wealth Management
• Neutral Sentiment: Analyst commentary / earnings recap — Multiple outlets summarize the beat and operational drivers; useful context but largely reiterative of company release. Royal Bank of Canada Q1 earnings benefit from personal, commercial banking gains
• Negative Sentiment: Elevated credit-loss provision — Reports note an elevated provision that offset some of the upside; higher provisions can pressure near-term profitability and create uncertainty. Royal Bank (RY) Beats Q1 Earnings and Revenue Estimates
• Negative Sentiment: Valuation and market reaction — RY sits near its 52‑week high with a relatively high PEG; combined with lower-than-average trading volume today, this likely prompted short-term profit-taking that pushed the share price down despite the beat. Royal Bank of Canada Trading Info

Royal Bank of Canada Company Profile

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.