Canaccord Genuity Maintains Buy Rating for Royal Bank Of Canada with $201 Price Target

Canaccord Genuity maintains a Buy rating for Royal Bank of Canada with a price target of C$201.00. The bank's quarterly revenue reached $32.57 billion and net profit of $4.39 billion, compared to $13.98 billion and $3.95 billion last year. Corporate insider activity shows negative sentiment, with an increase in insiders selling their shares.

Royal Bank of Canada (RBC) has received a positive outlook from Desjardins analysts, who raised their quarterly earnings per share (EPS) estimate for the third quarter of 2025. The new forecast stands at $3.28 per share, up from the previous estimate of $3.12 [1]. Desjardins maintains a "Buy" rating with a price objective of $193.00 for the stock.

The consensus rating among analysts remains "Buy" with an average target price of C$189.62 [1]. Canaccord Genuity Group has set a price target of C$201.00, while Jefferies Financial Group increased their target to C$207.00 [1]. Scotiabank has also given the stock a "strong-buy" rating [1].

RBC's quarterly revenue for the latest period reached $32.57 billion, a significant increase from $13.98 billion last year. The net profit also surged to $4.39 billion, up from $3.95 billion in the same period last year [1].

However, corporate insider activity indicates negative sentiment. There has been an increase in insiders selling their shares. Senior Officer Graeme Ashley Hepworth sold 308 shares on July 22nd, and Director David Ian Mckay sold 20,304 shares on the same day [1]. The total shares sold by insiders in the last 90 days amount to 63,039 shares valued at $11,175,413 [1].

RBC recently declared a quarterly dividend of $1.54 per share, an increase from the previous $1.48 per share [1]. The dividend payout ratio stands at 49.49%.

References:
[1] https://www.marketbeat.com/instant-alerts/desjardins-issues-positive-outlook-for-tsery-earnings-2025-08-15/