Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) posted its earnings results on Thursday. The financial services provider reported C$4.08 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$17.96 billion for the quarter. Royal Bank of Canada had a net margin of 28.23% and a return on equity of 13.27%.
Royal Bank of Canada Trading Down 1.8%
Shares of TSE RY opened at C$228.07 on Friday. The stock has a market capitalization of C$319.35 billion, a PE ratio of 16.21, a PEG ratio of 3.42 and a beta of 1.28. Royal Bank of Canada has a twelve month low of C$151.25 and a twelve month high of C$240.34. The stock has a fifty day simple moving average of C$233.21 and a 200-day simple moving average of C$215.64.
Analysts Set New Price Targets
RY has been the topic of several analyst reports. Scotiabank upped their price objective on Royal Bank of Canada from C$242.00 to C$247.00 and gave the company an “outperform” rating in a report on Friday. BMO Capital Markets raised their target price on Royal Bank of Canada from C$229.00 to C$245.00 in a research note on Wednesday, December 17th. Canadian Imperial Bank of Commerce upped their price target on Royal Bank of Canada from C$229.00 to C$242.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Desjardins increased their price target on Royal Bank of Canada from C$247.00 to C$250.00 and gave the stock a “buy” rating in a report on Friday. Finally, Barclays boosted their price objective on shares of Royal Bank of Canada from C$244.00 to C$245.00 in a report on Friday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of C$244.58.
Key Headlines Impacting Royal Bank of Canada
Here are the key news stories impacting Royal Bank of Canada this week:
- Positive Sentiment: Raymond James raised its price target to C$260 and reiterated a “buy” rating, the largest upside among recent broker moves (~14% above current levels). Raymond James raise
- Positive Sentiment: Desjardins lifted its target to C$250 and maintains a “buy” call, signaling confidence in RBC’s near‑term outlook (~9.7% upside). Desjardins raise
- Positive Sentiment: National Bank Financial and Scotiabank both bumped targets to C$247 and hold “outperform” ratings, adding institutional support around an ~8–8.5% upside. National Bank / Scotiabank raises
- Positive Sentiment: Barclays raised its target to C$245 (coverage noted on BayStreet and TickerReport), another modest upward revision from a major international bank. Barclays raise TickerReport
- Positive Sentiment: RBC reported record Q1 results: EPS C$4.08 and revenue C$17.96B, with beats cited across personal banking, wealth management and capital markets — the core reason analysts are lifting targets. Press release Earnings coverage
- Neutral Sentiment: Bloomberg reports RBC is targeting new defense and energy projects in Canada — a strategic growth initiative that could lift future revenue but carries execution and cyclical risks. Bloomberg article
- Negative Sentiment: TD Securities trimmed its target slightly to C$259 from C$260 (still a “buy”), indicating minor pushback on valuation even as consensus remains constructive. TD Securities trim
Insider Buying and Selling
In related news, Director David Ian Mckay sold 91,288 shares of the firm’s 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 completion of the transaction, the director directly owned 5,873 shares in the company, valued at C$1,343,448.75. This trade represents a 93.96% decrease in their position.
About Royal Bank of Canada
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.
Further Reading
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