Royal Bank of Canada (TSE:RY) Given New C$259.00 Price Target at TD Securities

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

A number of other analysts have also commented on the stock. Canadian Imperial Bank of Commerce boosted their price objective on shares of Royal Bank of Canada from C$229.00 to C$242.00 and gave the stock a “neutral” rating in a research report on Friday, February 13th. Desjardins lifted their price target on shares of Royal Bank of Canada from C$247.00 to C$250.00 and gave the company a “buy” rating in a research note on Friday. Jefferies Financial Group boosted their price target on shares of Royal Bank of Canada from C$217.00 to C$220.00 in a research report on Wednesday, February 11th. Raymond James Financial raised their price objective on Royal Bank of Canada from C$239.00 to C$248.00 and gave the company an “outperform” rating in a report on Tuesday, February 17th. Finally, National Bank Financial upped their target price 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 investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$240.31.

Royal Bank of Canada Stock Down 1.9%

Shares of TSE:RY traded down C$4.31 during midday trading on Friday, reaching C$227.83. 2,279,494 shares of the company were exchanged, compared to its average volume of 3,775,521. The firm has a market cap of C$319.01 billion, a PE ratio of 16.19, a P/E/G ratio of 3.42 and a beta of 1.28. Royal Bank of Canada has a fifty-two week low of C$151.25 and a fifty-two week high of C$240.34. The stock has a fifty day simple moving average of C$233.30 and a two-hundred day simple moving average of C$215.33.

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 earnings per share (EPS) for the quarter. The firm had revenue of C$17.96 billion for the quarter. Royal Bank of Canada had a return on equity of 13.27% and a net margin of 28.23%. As a group, analysts forecast that Royal Bank of Canada will post 12.3454675 earnings per share for the current year.

Insider Buying and Selling at Royal Bank of Canada

In related news, Director David Ian Mckay sold 91,288 shares of the business’s stock in a transaction that occurred on 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 approximately C$1,343,448.75. The trade was a 93.96% decrease in their position.

Trending Headlines about Royal Bank of Canada

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.