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

  • Consensus Rating: Hold
  • Consensus Price Target: C$68.00
  • Forecasted Upside: -25.09 %
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$90.77 As of 08/11/2022 11:33 AM ET
▲ +0.81 (0.90%)

This chart shows the closing price for RBA by one month, three months, or twelve months.

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Analyst Price Target for RBA

Analyst Price Target is C$68.00
▼ -25.09% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Ritchie Bros. Auctioneers in the last 3 months. The average price target is C$68.00, with a high forecast of C$73.00 and a low forecast of C$56.00. The average price target represents a -25.09% upside from the last price of C$90.77.

This chart shows the closing price for RBA for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 contributing investment analysts is to hold stock in Ritchie Bros. Auctioneers. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/18/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
8/16/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/14/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/13/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
7/12/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
8/11/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/8/2022Royal Bank of CanadaBoost Price TargetOutperformC$67.00 ➝ C$73.00
7/12/2022National BanksharesDowngradeSellC$56.00
2/22/2022Royal Bank of CanadaUpgradeSector Perform ➝ BuyC$69.00 ➝ C$60.00
2/22/2022Robert W. BairdReiterated RatingBuyC$70.00
2/18/2022Raymond JamesBoost Price TargetMarket PerformC$73.00
1/24/2022Raymond JamesBoost Price TargetMarket PerformC$76.00
1/6/2022TD SecuritiesUpgradeBuy
11/24/2021Barrington ResearchReiterated RatingMarket Perform
11/8/2021Royal Bank of CanadaBoost Price TargetSector PerformC$65.00 ➝ C$72.00
11/8/2021TD SecuritiesDowngradeSellC$68.00
9/28/2021Raymond JamesBoost Price TargetMarket PerfomC$80.00
9/28/2021Royal Bank of CanadaReiterated RatingHoldC$82.00
9/20/2021Royal Bank of CanadaInitiated CoverageHoldC$65.00
8/16/2021TD SecuritiesLower Price TargetHoldC$80.00
8/9/2021William BlairDowngradeOutperform ➝ Market Perform
8/6/2021Raymond JamesBoost Price TargetMarket PerformC$79.00
5/12/2021Raymond JamesBoost Price TargetMarket PerformC$79.00
5/12/2021TD SecuritiesBoost Price TargetHoldC$81.00
5/12/2021National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector PerformC$80.00
4/8/2021Raymond JamesLower Price TargetMarket PerformC$60.00 ➝ C$59.00
2/23/2021National Bank FinancialUpgradeSector Perform Under Weight ➝ Outperfrom Under Weight
2/22/2021TD SecuritiesLower Price TargetHoldC$57.00
2/22/2021National Bank FinancialLower Price TargetSector PerformC$57.00
1/15/2021TD SecuritiesLower Price TargetHoldC$80.00 ➝ C$68.00
1/14/2021National Bank FinancialUpgradeUnderperform ➝ Sector PerformC$65.00 ➝ C$68.50
1/11/2021National Bank FinancialBoost Price TargetUnderperform ➝ NAC$65.00 ➝ C$68.50
1/7/2021National Bank FinancialUpgradeUnderperform ➝ Sector Perform
12/9/2020Raymond JamesBoost Price TargetNAC$75.00
11/9/2020TD SecuritiesBoost Price TargetHoldC$65.00 ➝ C$80.00
11/9/2020National Bank FinancialBoost Price TargetUnderperformC$44.00 ➝ C$65.00
8/21/2020Barrington ResearchDowngradeOutperform ➝ Market Perform
6/9/2020National Bank FinancialDowngradeSector Perform ➝ Underperform
4/9/2020Barrington ResearchUpgradeMarket Perform ➝ Outperform
3/24/2020Raymond JamesUpgradeMarket Perform ➝ OutperformC$41.00 ➝ C$33.00
3/15/2020National Bank FinancialUpgradeUnderperform Underweight ➝ Sector Perform Market Weight
3/11/2020Barrington ResearchReiterated RatingMarket Perform
3/2/2020ScotiabankUpgradeSector Perform ➝ Sector Outperform
2/27/2020William BlairReiterated RatingOutperform
11/8/2019National Bank FinancialDowngradeSector Perform Under Weight ➝ Underperform Underweight
3/4/2019National Bank FinancialLower Price TargetSector PerformC$37.00 ➝ C$35.00
8/13/2018Jefferies Financial GroupBoost Price TargetC$30.00 ➝ C$35.00
5/11/2018National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector Perform Under Weight
11/20/2017National Bank FinancialUpgradeSector Perform ➝ OutperformC$28.00 ➝ C$39.00
10/20/2017ScotiabankReiterated RatingOutperformC$42.50
10/10/2017TD SecuritiesLower Price TargetReduceC$29.00
10/10/2017Raymond JamesLower Price TargetMarket PerformC$36.00
9/12/2017ScotiabankReiterated RatingOutperformC$41.00
(Data available from 8/11/2017 forward)

News Sentiment Rating

0.28 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/13/2022
  • 0 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/12/2022
  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/14/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/13/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/13/2022
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/12/2022
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
7/12/2022
  • 2 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2022

Current Sentiment

  • 2 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Ritchie Bros. Auctioneers logo
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.
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Today's Range

Now: C$90.77
Low: C$89.56
High: C$91.02

50 Day Range

MA: C$83.90
Low: C$75.71
High: C$93.41

52 Week Range

Now: C$90.77
Low: C$62.02
High: C$94.96

Volume

45,579 shs

Average Volume

189,301 shs

Market Capitalization

C$10.06 billion

P/E Ratio

26.08

Dividend Yield

1.54%

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 Bankshares, Inc., Raymond James, Robert W. Baird, Royal Bank of Canada, and TD Securities.
View the latest analyst ratings for RBA.

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

5 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$68.00, suggesting a possible downside of 25.1%. Royal Bank of Canada has the highest price target set, predicting RBA will reach C$73.00 in the next twelve months. National Bankshares, Inc. has the lowest price target set, forecasting a price of C$56.00 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 1 sell rating, 2 hold ratings and 3 buy 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 Quebecor, Quebecor, Finning International, Cogeco Communications and EnerCare. Learn More about companies similar to Ritchie Bros. Auctioneers.

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. Learn More about contacing Ritchie Bros. Auctioneers investor relations.