Forex

Royal Bank of Canada Price Target Lowered by TD Securities

Guavy AI Editorial Team Published August 28, 2026

Instruments

CAD

TD Securities has lowered its price target for Royal Bank of Canada (TSE:RY) from C$307.00 to C$306.00, according to a report issued on Friday by BayStreet.CA.

The brokerage currently maintains a 'buy' rating on the financial services provider's stock and suggests that there is a potential upside of 7.70% from the company's current price.

This move comes after several other analysts have revised their price targets for Royal Bank of Canada, including Jefferies Financial Group which lifted its target to C$268.00 in August, and Canaccord Genuity Group which upped its target to C$318.00 with a 'buy' rating.

The company has a consensus rating of 'Moderate Buy' among analysts and an average price target of C$292.64, based on data from MarketBeat.com.

Royal Bank of Canada Price Target Lowered by TD Securities

Canada's Big Banks See Bright Future Amid Trade Uncertainty

Canada's Economy Surges in Q2, But Tariffs Cast Shadow Over Q3 Growth

Canada's Economic Independence Hangs in the Balance