Asset Milestone: As of December 3, 2025, the RBC BlueBay High Yield Bond Fund has surpassed $1 billion in assets, marking a significant achievement for the firm's U.S. fixed income platform and reflecting strong client demand for income-oriented solutions.
New Share Class Launch: The introduction of the R6 share class, specifically designed for qualified retirement and benefit plans, enhances RBC GAM's ability to meet investor needs, demonstrating its commitment to the retirement savings market.
Investment Team Strength: Managed by an experienced team including Tim Leary, BlueBay Senior Portfolio Manager, the fund emphasizes RBC GAM's research-driven approach to credit investing, bolstering client trust in its investment strategies.
Market Opportunity Capture: Tim Leary highlighted that high yield bonds provide a buffer against inflation in the current economic environment, attracting investors seeking steady income streams and further solidifying RBC GAM's competitive position in the high yield market.
RY
$167.09+Infinity%1D
Analyst Views on RY
Wall Street analysts forecast RY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RY is 166.79 USD with a low forecast of 157.69 USD and a high forecast of 176.33 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast RY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RY is 166.79 USD with a low forecast of 157.69 USD and a high forecast of 176.33 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 165.860
Low
157.69
Averages
166.79
High
176.33
Current: 165.860
Low
157.69
Averages
166.79
High
176.33
TD Securities
Hold
to
Buy
upgrade
$246
2025-12-04
Reason
TD Securities
Price Target
$246
2025-12-04
upgrade
Hold
to
Buy
Reason
TD Securities upgraded Royal Bank of Canada to Buy from Hold with a C$246 price target. The company reported strong Q3 results with "exceptional" operating leverage, the analyst tells investors in a research note. TD says RBC offers a stable credit outlook, capital generation, and buybacks. The bank should benefit from HSBC synergies, savings from artificial intelligence, and better loan growth, contends the firm.
BofA
Ebrahim Poonawala
Buy
maintain
$162 -> $169
2025-12-04
Reason
BofA
Ebrahim Poonawala
Price Target
$162 -> $169
2025-12-04
maintain
Buy
Reason
BofA analyst Ebrahim Poonawala raised the firm's price target on Royal Bank of Canada to $169 from $162 and keeps a Buy rating on the shares. Following a "solid quarter," the firm raised its FY26 and FY27 EPS estimates, driven by higher pre-tax pre-provision operating profit estimate and accelerating share repurchases.
Scotiabank
NULL
to
Outperform
maintain
$218 -> $231
2025-12-04
Reason
Scotiabank
Price Target
$218 -> $231
2025-12-04
maintain
NULL
to
Outperform
Reason
Scotiabank raised the firm's price target on Royal Bank of Canada to C$231 from C$218 and keeps an Outperform rating on the shares.
National Bank
Outperform
maintain
$231 -> $235
2025-12-04
Reason
National Bank
Price Target
$231 -> $235
2025-12-04
maintain
Outperform
Reason
National Bank raised the firm's price target on Royal Bank of Canada to C$235 from C$231 and keeps an Outperform rating on the shares.
About RY
Royal Bank of Canada (RBC) is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Capital Markets, and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and the United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions for businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines: corporate and investment banking and global markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, as well as creditor and business insurance services to individual, business and group clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
