Ritchie Bros. Auctioneers Incor with ticker code (RBA) now have 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 87.6 and 81.25 calculating the average target price we see 85.06. Now with the previous closing price of 57.45 this now indicates there is a potential upside of 48.1%. The 50 day MA is 61.01 and the 200 day MA is 62.71. The market capitalisation for the company is $5,696m. Find out more information at: https://www.ritchiebros.com
The potential market cap would be $8,433m 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 live on site 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. The company was founded in 1958 and is headquartered in Burnaby, Canada.
