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Asset logo for symbol RBA
RB Global
RBA65
$90.51arrow_drop_down0.42%-$0.39
Asset logo for symbol RBA
RBA65

$90.51

arrow_drop_down0.42%

Analyst Forecast

Period: Next 12 Months

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Analyst Ratings

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RB Global (RBA) Stocklytics Forecast

Ritchie Bros Auctioneers Inc, also known as RBA, is a global leader in the auction industry, specializing in the sale of used heavy equipment, trucks, and other assets. The company has a strong track record and a solid reputation for its transparent and efficient auction process. With over 60 years of experience, Ritchie Bros Auctioneers has established itself as a trusted name in the industry.
Looking ahead, there are several factors that could influence the stock price of Ritchie Bros Auctioneers Inc. One key factor is the overall economic outlook. If the global economy continues to grow, there may be increased demand for used equipment, which could drive up the company's sales and profitability. Additionally, the company's expansion into new markets and its focus on digital innovation could also contribute to future growth.
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Frequently Asked Questions

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What is the analyst price prediction for RB Global (RBA) stock?

Analysts have set a target price of $70.9 for RB Global (RBA), based on forecasts from 20 analysts. The predicted price range extends from a high of $93 to a low of $55. This represents a potential increase of up to 2.75% and a decrease of -39.23% from the current price of $90.51. These forecasts are as of 2021 Apr 21.
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What are the analyst ratings for RB Global (RBA) stock?

The analyst ratings for RB Global (RBA) are distributed as follows: 8 analysts recommend buying, 1 have a neutral stance, and 1 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering RB Global.
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What is the AI price prediction for RB Global (RBA) stock?

At present, there is no AI or machine-learning-based price prediction available for RB Global (RBA) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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