National Bank Financial Boosts Royal Bank of Canada Target Price to C$321.00

National Bank Financial has increased its target price for Royal Bank of Canada (TSE:RY) stock from C$318.00 to C$321.00, according to a recent research note.

The firm maintains an 'outperform' rating on the financial services provider's stock and expects a potential upside of 12.96% from its previous close.

This is not the only positive forecast for RY; several other analysts have also raised their target prices in recent days, including Canaccord Genuity Group, which increased its price target from C$310.00 to C$318.00 and assigned a 'buy' rating.

Royal Bank of Canada reported record Q3 2026 earnings, with quarterly EPS of C$4.28 and revenue of C$18.54 billion, driven by diversified growth across its businesses.