RB Global, Inc. (TSE:RBA – Get Free Report) (NYSE:RBA) Director Chloe Harford purchased 1,200 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average cost of C$118.12 per share, with a total value of C$141,744.00. Following the transaction, the director directly owned 1,200 shares of the company’s stock, valued at C$141,744. The trade was a ∞ increase in their position.
RB Global Stock Performance
TSE:RBA opened at C$119.03 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.31 and a debt-to-equity ratio of 74.64. The company has a market cap of C$22.04 billion, a P/E ratio of 51.31, a P/E/G ratio of 2.43 and a beta of 0.03. RB Global, Inc. has a fifty-two week low of C$113.81 and a fifty-two week high of C$166.51. The firm’s 50 day moving average is C$146.73 and its two-hundred day moving average is C$142.62.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on RBA. Raymond James Financial upgraded RB Global from a “moderate buy” rating to a “strong-buy” rating and set a C$145.00 target price for the company in a report on Tuesday, June 30th. Barclays upgraded shares of RB Global to a “strong-buy” rating in a report on Thursday, May 28th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, RB Global presently has a consensus rating of “Buy” and a consensus target price of C$134.50.
About RB Global
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.
Further Reading
- Five stocks we like better than RB Global
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for RB Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RB Global and related companies with MarketBeat.com's FREE daily email newsletter.
