Analyst Price Target is C$76.00
▼ -41.57% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for RB Global in the last 3 months. The average price target is C$76.00, with a high forecast of C$76.00 and a low forecast of C$76.00. The average price target represents a -41.57% upside from the last price of C$130.06.
Current Consensus is
Strong Buy
The current consensus among 2 investment analysts is to buy (strong buy) stock in RB Global. This rating has held steady since October 2024, when it changed from a Buy consensus rating.
Ritchie Bros. operates the world's leading marketplace for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. Ritchie Bros. operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells over $5 billion worth of equipment.
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