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Royal Bank of Canada Price Target Raised to $208 at CIBC Following Q3 Results

BY MT Newswires | ECONOMIC | 08/28/25 07:46 AM EDT

07:46 AM EDT, 08/28/2025 (MT Newswires) -- CIBC Capital Markets raised its price target on Royal Bank of Canada (RY) (RY.TO, RY) to $208 from $195.

Analyst Paul Holden maintained an Outperformer rating on shares of the Canadian bank following its quarterly results on Wednesday.

The stock rose $9.68, or 5%, to $200.07 on the Toronto Stock Exchange.

"In our opinion RY posted the best quarter of the four banks that have reported thus far," Holden said in a note to clients.

"Not only did the quarter show that credit concerns from FQ2 went too far, RY also generated excellent top-line growth and significant operating leverage," the analyst said.

"Commentary from the conference call points to another strong quarter in FQ4."

(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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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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