Royal Bank of Canada stock gets Moderate Buy consensus from 12 firms

Published on 10/07/2026 at 16:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Royal Bank of Canada stock gets Moderate Buy consensus from 12 firms. It costs EUR 171.44 on October 7, 2026, down 1.76 percent from EUR 174.51.

RY, CA7800871021, Illustration mit AI erstellt.

Royal Bank of Canada stock received a Moderate Buy consensus from 12 research firms on October 7, 2026, according to MarketBeat. Eight analysts rated the stock Buy and four rated it Hold, while the average twelve-month price objective was CAD 292.86.

Analyst support meets a weaker quote

The consensus arrives as the euro reference price moved lower during the October 7 session. At Lang & Schwarz, the stock was trading at EUR 171.44 at 4:00 p.m. CEST, down 1.76 percent from the prior close of EUR 174.51.

MarketBeat also cited individual views: Raymond James raised its target from CAD 270.50 to CAD 306.00 on August 12, while Desjardins set a CAD 320.00 target on September 2. The spread between those targets and the broader CAD 292.86 average shows that analyst conviction is positive but not uniform.

Third-quarter earnings set the baseline

Royal Bank of Canada reported third-quarter fiscal 2026 results on August 27, 2026, per the bank's Royal Bank of Canada investor-relations page. The quarter produced consolidated net income of CAD 6.02 billion and diluted earnings per share of CAD 4.23.

In the earnings call, Yahoo Finance reported that adjusted diluted earnings per share rose 11.00 percent year over year to CAD 4.28. Return on equity reached 17.90 percent, while the Common Equity Tier 1 ratio stood at 13.50 percent.

Growth is balanced by credit risks

The results were broad rather than dependent on one division. Wealth Management net income rose 32.00 percent year over year to CAD 1.40 billion, and Capital Markets net income increased 16.00 percent to CAD 1.50 billion in the third quarter of fiscal 2026, according to the earnings-call transcript.

Management also identified a counter-factor for the outlook: Canadian banking margins are expected to remain stable in the fourth quarter, while competition for mortgages and term deposits is increasing. The bank said net interest income excluding trading was up 7.00 percent year to date, but credit quality remains an important variable as trade policy and elevated bond yields affect borrowers.

RY quote remains below analyst average

For investors, the key comparison is the gap between the current euro quote and the positive Canadian-dollar analyst backdrop. The October 7 Lang & Schwarz price and the October 6 prior close provide the immediate market signal, while the CAD 292.86 average target and third-quarter earnings provide the valuation and operating context.

Price source: Lang & Schwarz, EUR 171.44 on October 7, 2026 at 4:00 p.m. CEST, down 1.76 percent versus the EUR 174.51 prior close of October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Royal Bank of Canada stock.