KBW Boosts RY Price Target to $324

Keefe, Bruyette & Woods has raised its price target for Royal Bank of Canada (TSE:RY) to C$324.00 from C$316.00 in a recent report.

This new target suggests that the stock could increase by up to 14.78% from its previous close.

Multiple analysts have increased their price targets for RY in recent weeks, with National Bank Financial raising theirs to C$321.00 and Jefferies Financial Group increasing theirs to C$268.00.