Analyst Ratings For Ritchie Bros Auctioneers (TSE:RBA)
Today, TD Securities raised its price target on Ritchie Bros Auctioneers (TSE:RBA) to C$37.50 per share.
There are 1 sell rating, 1 hold rating, 2 buy ratings on the stock.
The current consensus rating on Ritchie Bros Auctioneers (TSE:RBA) is Hold (Score: 2.25) with a consensus target price of C$43.25 per share, a potential .
Some recent analyst ratings include
- 3/20/2017-Scotiabank was Downgraded by analysts at Scotiabank from a “Outperform” rating to a “” rating. They now have a C$44.00 price target on the stock.
- 2/22/2017-Royal Bank of Canada Reiterated Rating of Outperform.
About Ritchie Bros Auctioneers (TSE:RBA)
Ritchie Bros Auctioneers Inc is a Canada-based holding company. The Company is an industrial auctioneer and used equipment distributor, selling used equipment and other assets. Its segments include Core Auction, which is a network of auction locations that conduct live, unreserved auctions with both on-site and online bidding, and Other, which includes its EquipmentOne and Mascus International Holding B.V. (Mascus) online services. EquipmentOne is an online marketplace that equipment sellers can navigate independently. EquipmentOne facilitates the completion of sales through a settlement process managed by EquipmentOne that protects both the seller and the buyer. Mascus is an online equipment listing service for used heavy machinery and trucks. It offers subscriptions to equipment dealers, brokers, exporters and equipment manufacturers to list equipment available for sale at a listed price. The Company, through Mascus, provides online advertising services, business tools and solutions.
Recent Trading Activity for Ritchie Bros Auctioneers (TSE:RBA)
Shares of Ritchie Bros Auctioneers closed the previous trading session at 40.57 down -2.31 -5.39% with 390,900 shares trading hands.
