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

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

• 11/25/2025 – Royal Bank of Canada was given a new C$218.00 price target on by analysts at Scotiabank. They now have an “outperform” rating on the stock.
• 11/25/2025 – Royal Bank of Canada was given a new C$229.00 price target on by analysts at Raymond James Financial, Inc.. They now have an “outperform” rating on the stock.
• 11/25/2025 – Royal Bank of Canada was downgraded by analysts at Jefferies Financial Group Inc. from a “buy” rating to a “hold” rating. They now have a C$215.00 price target on the stock, up previously from C$213.00.
• 11/25/2025 – Royal Bank of Canada had its price target raised by analysts at UBS Group AG from C$225.00 to C$238.00.
• 11/24/2025 – Royal Bank of Canada was upgraded by analysts at Raymond James Financial, Inc. to a “moderate buy” rating.
• 11/24/2025 – Royal Bank of Canada had its price target raised by analysts at Barclays PLC from C$203.00 to C$221.00. They now have an “overweight” rating on the stock.
• 11/19/2025 – Royal Bank of Canada had its price target raised by analysts at CIBC from C$208.00 to C$220.00.
• 11/17/2025 – Royal Bank of Canada was upgraded by analysts at National Bankshares, Inc. from a “sector perform” rating to an “outperform” rating. They now have a C$231.00 price target on the stock, up previously from C$203.00.
• 11/10/2025 – Royal Bank of Canada had its price target raised by analysts at TD Securities from C$208.00 to C$215.00.
• 10/10/2025 – Royal Bank of Canada had its price target raised by analysts at Scotiabank from C$210.00 to C$218.00.

Royal Bank of Canada Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Monday, November 24th were paid a dividend of $1.54 per share. The ex-dividend date of this dividend was Monday, October 27th. This represents a $6.16 dividend on an annualized basis and a yield of 2.9%. Royal Bank of Canada’s dividend payout ratio is currently 44.78%.

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.