Royal Bank of Canada (RY) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Royal Bank of Canada (TSE: RY) in the last few weeks:

• 2/27/2026 – Royal Bank of Canada had its price target raised by Scotiabank from C$242.00 to C$247.00. They now have an “outperform” rating on the stock.
• 2/27/2026 – Royal Bank of Canada had its price target raised by Raymond James Financial, Inc. from C$255.00 to C$260.00. They now have a “buy” rating on the stock.
• 2/27/2026 – Royal Bank of Canada had its price target lowered by TD Securities from C$260.00 to C$259.00. They now have a “buy” rating on the stock.
• 2/27/2026 – Royal Bank of Canada had its price target raised by National Bank Financial from C$241.00 to C$247.00. They now have an “outperform” rating on the stock.
• 2/27/2026 – Royal Bank of Canada had its price target raised by Desjardins from C$247.00 to C$250.00. They now have a “buy” rating on the stock.
• 2/27/2026 – Royal Bank of Canada had its price target raised by Barclays PLC from C$244.00 to C$245.00.
• 2/19/2026 – Royal Bank of Canada had its price target raised by Barclays PLC from C$227.00 to C$244.00.
• 2/17/2026 – Royal Bank of Canada had its price target raised by National Bank Financial from C$235.00 to C$241.00. They now have an “outperform” rating on the stock.
• 2/17/2026 – Royal Bank of Canada had its price target raised by Raymond James Financial, Inc. from C$239.00 to C$248.00. They now have an “outperform” rating on the stock.
• 2/13/2026 – Royal Bank of Canada had its price target raised by Canadian Imperial Bank of Commerce from C$229.00 to C$242.00. They now have a “neutral” rating on the stock.
• 2/12/2026 – Royal Bank of Canada had its price target raised by Canaccord Genuity Group Inc. from C$242.00 to C$255.00. They now have a “buy” rating on the stock.
• 2/11/2026 – Royal Bank of Canada had its price target raised by Jefferies Financial Group Inc. from C$217.00 to C$220.00.
• 2/9/2026 – Royal Bank of Canada had its price target raised by Desjardins from C$240.00 to C$247.00. They now have a “buy” rating on the stock.
• 2/9/2026 – Royal Bank of Canada had its price target raised by TD Securities from C$246.00 to C$260.00.
• 1/9/2026 – Royal Bank of Canada had its price target raised by Scotiabank from C$231.00 to C$242.00.

Insider Buying and Selling

In other news, Director David Ian Mckay sold 91,288 shares of Royal Bank of Canada stock in a transaction dated Friday, December 12th. The stock was sold at an average price of C$228.75, for a total transaction of C$20,882,130.00. Following the transaction, the director directly 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 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.