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Royal Bank of Canada Price Target Maintained at CIBC Following Q3 Results

BY MT Newswires | ECONOMIC | 08/27/25 08:46 AM EDT

08:46 AM EDT, 08/27/2025 (MT Newswires) -- Royal Bank of Canada (RY) reported third quarter results before market open on Wednesday.

CIBC analyst Paul Holden said the results were "positive," and maintained an Outperformer rating and $195 price target on the stock.

"RY reported a strong beat with PTPP coming in 10% above consensus," Holden said in a note to clients.

"It was a much better quarter for capital markets versus last quarter and credit trends improved versus FQ2 (impaired PCLs and GILs)," the analyst said.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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