Ritchie Bros. Auctioneers Incor found using ticker (RBA) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 93.25 and 76.64 with a mean TP of 84.95. With the stocks previous close at 71.33 this would indicate that there is a potential upside of 19.1%. The day 50 moving average is 65.69 and the 200 moving average now moves to 62.2. The market capitalisation for the company is $7,952m. Find out more information at: https://www.ritchiebros.com
The potential market cap would be $9,470m based on the market concensus.
Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.
