TSE:RBA - Ritchie Bros. Auctioneers Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: C$80.00
Forecasted Upside: 9.74 %
Number of Analysts: 4
Breakdown:
0 Sell Ratings
4 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

C^$72.90 As of 06/17/2021 05:00 PM ET

▲ +0.32 (0.44%)

1 month | 3 months | 12 months

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Analyst Price Target for RBA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

C^$80.00

▲ +9.74% Upside Potential

This price target is based on 4 analysts offering 12 month price targets for Ritchie Bros. Auctioneers in the last 3 months. The average price target is C$80.00, with a high forecast of C$81.00 and a low forecast of C$79.00. The average price target represents a 9.74% upside from the last price of C$72.90.

Hold

The current consensus among 4 investment analysts is to hold stock in Ritchie Bros. Auctioneers. This rating has held steady since March 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

12/25/2019

0 strong buy ratings
2 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

3/24/2020

0 strong buy ratings
2 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

6/22/2020

0 strong buy ratings
2 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

9/20/2020

0 strong buy ratings
2 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

12/19/2020

0 strong buy ratings
0 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

3/19/2021

0 strong buy ratings
0 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

5/18/2021

0 strong buy ratings
0 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

6/17/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Details
5/12/2021	Raymond James	Boost Price Target	Market Perform	C$79.00	i
5/12/2021	TD Securities	Boost Price Target	Hold	C$81.00	i
5/12/2021	National Bank Financial	Downgrade	Outperfrom Under Weight ➝ Sector Perform	C$80.00	i Rating by M. Sytchev at National Bank Financial
4/8/2021	Raymond James	Lower Price Target	Market Perform	C$60.00 ➝ C$59.00	i
2/23/2021	National Bank Financial	Upgrade	Sector Perform Under Weight ➝ Outperfrom Under Weight		i Rating by M. Sytchev at National Bank Financial
2/22/2021	TD Securities	Lower Price Target	Hold	C$57.00	i
2/22/2021	National Bank Financial	Lower Price Target	Sector Perform	C$57.00	i Rating by M. Sytchev at National Bank Financial
1/15/2021	TD Securities	Lower Price Target	Hold	C$80.00 ➝ C$68.00	i
1/14/2021	National Bank Financial	Upgrade	Underperform ➝ Sector Perform	C$65.00 ➝ C$68.50	i Rating by M. Sytchev at National Bank Financial
1/11/2021	National Bank Financial	Boost Price Target	Underperform ➝ NA	C$65.00 ➝ C$68.50	i Rating by M. Sytchev at National Bank Financial
1/7/2021	National Bank Financial	Upgrade	Underperform ➝ Sector Perform		i Rating by M. Sytchev at National Bank Financial
12/9/2020	Raymond James	Boost Price Target	NA	C$75.00	i
11/9/2020	TD Securities	Boost Price Target	Hold	C$65.00 ➝ C$80.00	i
11/9/2020	National Bank Financial	Boost Price Target	Underperform	C$44.00 ➝ C$65.00	i Rating by M. Sytchev at National Bank Financial
8/21/2020	Barrington Research	Downgrade	Outperform ➝ Market Perform		i Rating by G. Prestopino at Barrington Research
6/9/2020	National Bank Financial	Downgrade	Sector Perform ➝ Underperform		i Rating by M. Sytchev at National Bank Financial
4/9/2020	Barrington Research	Upgrade	Market Perform ➝ Outperform		i Rating by G. Prestopino at Barrington Research
3/24/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	C$41.00 ➝ C$33.00	i
3/15/2020	National Bank Financial	Upgrade	Underperform Underweight ➝ Sector Perform Market Weight		i Rating by M. Sytchev at National Bank Financial
3/11/2020	Barrington Research	Reiterated Rating	Market Perform		i Rating by G. Prestopino at Barrington Research
3/2/2020	Scotiabank	Upgrade	Sector Perform ➝ Sector Outperform		i Rating by M. Doumet at Scotiabank
2/27/2020	William Blair	Reiterated Rating	Outperform		i Rating by L. De. Maria at William Blair
11/8/2019	National Bank Financial	Downgrade	Sector Perform Under Weight ➝ Underperform Underweight		i Rating by M. Sytchev at National Bank Financial
3/4/2019	National Bank Financial	Lower Price Target	Sector Perform	C$37.00 ➝ C$35.00	i
8/13/2018	Jefferies Financial Group	Boost Price Target		C$30.00 ➝ C$35.00	i
5/11/2018	National Bank Financial	Downgrade	Outperfrom Under Weight ➝ Sector Perform Under Weight		i Rating by M. Sytchev at National Bank Financial
11/20/2017	National Bank Financial	Upgrade	Sector Perform ➝ Outperform	C$28.00 ➝ C$39.00	i Rating by M. Sytchev at National Bank Financial
10/20/2017	Scotiabank	Reiterated Rating	Outperform	C$42.50	i
10/10/2017	TD Securities	Lower Price Target	Reduce	C$29.00	i
10/10/2017	Raymond James	Lower Price Target	Market Perform	C$36.00	i
9/12/2017	Scotiabank	Reiterated Rating	Outperform	C$41.00	i
7/11/2017	Raymond James	Lower Price Target	Market Perform	C$38.00	i
7/10/2017	TD Securities	Lower Price Target	Reduce	C$35.00	i
7/10/2017	Scotiabank	Lower Price Target	Outperform	C$41.00	i
7/10/2017	CIBC	Downgrade	Outperform ➝ Neutral	C$36.00 ➝ C$28.00	i
6/29/2017	National Bank Financial	Reiterated Rating	Sector Perform Under Weight		i Rating by M. Sytchev at National Bank Financial
5/15/2017	Scotiabank	Lower Price Target	Outperform	C$53.50	i
5/15/2017	Royal Bank of Canada	Lower Price Target	Outperform	C$55.50	i
5/15/2017	Raymond James	Lower Price Target	Market Perform	C$37.50 ➝ C$33.50	i
5/10/2017	Barrington Research	Reiterated Rating	Market Perform		i Rating by G. Prestopino at Barrington Research
5/8/2017	Raymond James	Lower Price Target	Market Perform	C$37.50 ➝ C$33.50	i
5/8/2017	Royal Bank of Canada	Lower Price Target	Outperform	C$55.50	i
5/5/2017	Northcoast Research	Reiterated Rating	Neutral		i Rating by J. Healy at Northcoast Research
4/11/2017	Scotiabank	Lower Price Target	Outperform	C$59.00 ➝ C$53.50	i
4/10/2017	TD Securities	Boost Price Target	Reduce	C$31.00 ➝ C$37.50	i
3/20/2017	Scotiabank	Downgrade	Outperform	C$44.00	i
2/22/2017	Scotiabank	Reiterated Rating	Outperform	C$44.00	i
2/22/2017	TD Securities	Boost Price Target	Reduce	C$29.00 ➝ C$31.00	i
2/22/2017	Raymond James	Boost Price Target	Market Perform	C$35.00 ➝ C$37.50	i
2/22/2017	Royal Bank of Canada	Reiterated Rating	Outperform	C$54.00	i
1/27/2017	Raymond James	Reiterated Rating	Market Perform	C$35.00	i
1/9/2017	TD Securities	Lower Price Target	Reduce	C$33.00 ➝ C$29.00	i
1/4/2017	Raymond James	Set Price Target	Market Perform	C$35.00	i
12/15/2016	Royal Bank of Canada	Reiterated Rating	Outperform	C$58.00	i
12/8/2016	Scotiabank	Reiterated Rating	Outperform	C$44.00	i
12/6/2016	TD Securities	Reiterated Rating	Reduce	C$33.00	i
11/11/2016	TD Securities	Reiterated Rating	Reduce	C$33.00	i
11/11/2016	Royal Bank of Canada	Boost Price Target	Outperform	C$59.00	i
8/30/2016	TD Securities	Reiterated Rating	Reduce	C$26.00	i
8/30/2016	Royal Bank of Canada	Reiterated Rating	Outperform	C$32.00 ➝ C$40.00	i
8/10/2016	TD Securities	Reiterated Rating	Reduce	C$26.00	i

(Data available from 6/17/2016 forward)

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.

Today's Range

Now: C$72.90

C$71.72

C$73.09

50 Day Range

MA: C$75.75

C$69.73

C$81.61

52 Week Range

Now: C$72.90

C$53.52

C$101.93

Volume

99,548 shs

Average Volume

185,799 shs

Market Capitalization

C$8.04 billion

P/E Ratio

37.95

Dividend Yield

1.47%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Ritchie Bros. Auctioneers?

The following Wall Street analysts have issued reports on Ritchie Bros. Auctioneers in the last twelve months: Barrington Research, National Bank Financial, Raymond James, and TD Securities.
View the latest analyst ratings for RBA.

What is the current price target for Ritchie Bros. Auctioneers?

3 Wall Street analysts have set twelve-month price targets for Ritchie Bros. Auctioneers in the last year. Their average twelve-month price target is C$80.00, suggesting a possible upside of 10.2%. TD Securities has the highest price target set, predicting RBA will reach C$81.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$79.00 for Ritchie Bros. Auctioneers in the next year.
View the latest price targets for RBA.

What is the current consensus analyst rating for Ritchie Bros. Auctioneers?

Ritchie Bros. Auctioneers currently has 4 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RBA, but not buy more shares or sell existing shares.
View the latest ratings for RBA.

What other companies compete with Ritchie Bros. Auctioneers?

Other companies that are similar to Ritchie Bros. Auctioneers include Worldpay, Experian, Rentokil Initial, Intertek Group, HomeServe, IWG, RWS, GlobalData, BCA Marketplace, Keywords Studios, Serco Group, GDI Integrated Facility Services, Energy Fuels, Mitie Group and Smart Metering Systems.

How do I contact Ritchie Bros. Auctioneers' investor relations team?

Ritchie Bros. Auctioneers' physical mailing address is 300-9500 Glenlyon Pky, BURNABY, BC V5J 0C6, Canada. The company's listed phone number is +1-778-3315500. The official website for Ritchie Bros. Auctioneers is www.rbauction.com.