Is Royal Bank of Canada (RY) a Buy Post Earnings?

Royal Bank of Canada (NYSE:RY) is one of the best undervalued stocks to invest in right now.

Is Royal Bank of Canada (RY) a Buy Post Earnings?

On February 27, Scotiabank lifted the price target on Royal Bank of Canada (NYSE:RY) to C$247 from C$242, reiterating an Outperform rating on the shares. However, the same day, TD Securities cut the price target on the stock to C$259 from C$260 and reaffirmed a Buy rating on the shares.

The rating updates came after Royal Bank of Canada (NYSE:RY) reported on February 26 a record net income of $5.8 billion for the quarter ended January 31, 2026, up $654 million or 13% from the prior year. Diluted EPS reached $4.03, up 14% over the same period, reflecting improved results in Wealth Management, Personal Banking, Commercial Banking, and Capital Markets, partially offset by lower results in Insurance. Royal Bank of Canada (NYSE:RY) also reported adjusted net income and adjusted diluted EPS of $5.9 billion and $4.08, up 12% and 13%, respectively, compared to the prior year.

Royal Bank of Canada (NYSE:RY) provides banking and financial services. The company’s operations are divided into the following segments: Personal and Commercial Banking, Wealth Management, Insurance, Capital Markets, and Corporate Support.

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