Ritchie Bros. Auctioneers Incor with ticker code (RBA) have now 2 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 99.48 and 81.77 calculating the mean target price we have 90.63. Given that the stocks previous close was at 63.97 this would indicate that there is a potential upside of 41.7%. The day 50 moving average is 68.53 while the 200 day moving average is 61.86. The market cap for the company is $6,993m. Visit the company website at: https://www.ritchiebros.com
The potential market cap would be $9,908m 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.
