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

Royal Bank of Canada (TSE: RY) recently received a number of ratings updates from brokerages and research firms:

• 8/13/2026 – Royal Bank of Canada had its price target raised by National Bank Financial from C$271.00 to C$318.00. They now have an “outperform” rating on the stock.
• 8/13/2026 – Royal Bank of Canada had its price target raised by Jefferies Financial Group Inc. from C$240.00 to C$268.00.
• 8/12/2026 – Royal Bank of Canada had its price target raised by Raymond James Financial, Inc. from C$270.50 to C$306.00. They now have a “market perform” rating on the stock.
• 8/12/2026 – Royal Bank of Canada had its price target raised by TD from C$272.00 to C$307.00. They now have a “buy” rating on the stock.
• 8/5/2026 – Royal Bank of Canada had its price target raised by Desjardins from C$275.00 to C$320.00. They now have a “buy” rating on the stock.
• 7/7/2026 – Royal Bank of Canada had its price target raised by Canaccord Genuity Group Inc. from C$282.00 to C$310.00. They now have a “buy” rating on the stock.
• 6/16/2026 – Royal Bank of Canada had its price target raised by Scotiabank from C$275.00 to C$280.00. They now have a “sector outperform” rating on the stock.

Royal Bank of Canada Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 24th will be paid a dividend of $1.76 per share. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $1.64. This represents a $7.04 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Monday, July 27th. Royal Bank of Canada’s payout ratio is 41.35%.

Insider Buying and Selling

In related news, Director David Ian Mckay sold 133,130 shares of the business’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of C$287.21, for a total value of C$38,236,267.30. Following the transaction, the director owned 5,873 shares in the company, valued at C$1,686,784.33. The trade was a 95.77% decrease in their ownership of the stock. Also, insider Neil Mclaughlin sold 4,000 shares of the company’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of C$287.72, for a total transaction of C$1,150,880.00. Insiders sold 353,206 shares of company stock valued at $100,237,874 over the last quarter.

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.