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

  • Consensus Rating: Hold
  • Consensus Price Target: C$63.00
  • Forecasted Upside: -9.29 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$69.45
▲ +0.37 (0.54%)
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$63.00
▼ -9.29% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Ritchie Bros. Auctioneers in the last 3 months. The average price target is C$63.00, with a high forecast of C$75.00 and a low forecast of C$57.00. The average price target represents a -9.29% upside from the last price of C$69.45.
Hold
The current consensus among 3 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

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/7/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/6/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/5/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/3/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/1/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/29/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/28/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
2/23/2021National Bank FinancialUpgradeSector Perform Under Weight ➝ Outperfrom Under Weight
i
Rating by M. Sytchev at National Bank Financial
2/22/2021TD SecuritiesLower Price TargetHoldC$57.00
i
2/22/2021National Bank FinancialLower Price TargetSector PerformC$57.00
i
Rating by M. Sytchev at National Bank Financial
1/15/2021TD SecuritiesLower Price TargetHoldC$80.00 ➝ C$68.00
i
1/14/2021National Bank FinancialUpgradeUnderperform ➝ Sector PerformC$65.00 ➝ C$68.50
i
Rating by M. Sytchev at National Bank Financial
1/11/2021National Bank FinancialBoost Price TargetUnderperform ➝ NAC$65.00 ➝ C$68.50
i
Rating by M. Sytchev at National Bank Financial
1/7/2021National Bank FinancialUpgradeUnderperform ➝ Sector Perform
i
Rating by M. Sytchev at National Bank Financial
12/9/2020Raymond JamesBoost Price TargetNAC$75.00
i
11/9/2020TD SecuritiesBoost Price TargetHoldC$65.00 ➝ C$80.00
i
11/9/2020National Bank FinancialBoost Price TargetUnderperformC$44.00 ➝ C$65.00
i
Rating by M. Sytchev at National Bank Financial
8/21/2020Barrington ResearchDowngradeOutperform ➝ Market Perform
i
Rating by G. Prestopino at Barrington Research
6/9/2020National Bank FinancialDowngradeSector Perform ➝ Underperform
i
Rating by M. Sytchev at National Bank Financial
4/9/2020Barrington ResearchUpgradeMarket Perform ➝ Outperform
i
Rating by G. Prestopino at Barrington Research
3/24/2020Raymond JamesUpgradeMarket Perform ➝ OutperformC$41.00 ➝ C$33.00
i
3/15/2020National Bank FinancialUpgradeUnderperform Underweight ➝ Sector Perform Market Weight
i
Rating by M. Sytchev at National Bank Financial
3/11/2020Barrington ResearchReiterated RatingMarket Perform
i
Rating by G. Prestopino at Barrington Research
3/2/2020ScotiabankUpgradeSector Perform ➝ Sector Outperform
i
Rating by M. Doumet at Scotiabank
2/27/2020William BlairReiterated RatingOutperform
i
Rating by L. De. Maria at William Blair
11/8/2019National Bank FinancialDowngradeSector Perform Under Weight ➝ Underperform Underweight
i
Rating by M. Sytchev at National Bank Financial
3/4/2019National Bank FinancialLower Price TargetSector PerformC$37.00 ➝ C$35.00
i
8/13/2018Jefferies Financial GroupBoost Price TargetC$30.00 ➝ C$35.00
i
5/11/2018National Bank FinancialDowngradeOutperfrom Under Weight ➝ Sector Perform Under Weight
i
Rating by M. Sytchev at National Bank Financial
11/20/2017National Bank FinancialUpgradeSector Perform ➝ OutperformC$28.00 ➝ C$39.00
i
Rating by M. Sytchev at National Bank Financial
10/20/2017ScotiabankReiterated RatingOutperformC$42.50
i
10/10/2017TD SecuritiesLower Price TargetReduceC$29.00
i
10/10/2017Raymond JamesLower Price TargetMarket PerformC$36.00
i
9/12/2017ScotiabankReiterated RatingOutperformC$41.00
i
7/11/2017Raymond JamesLower Price TargetMarket PerformC$38.00
i
7/10/2017TD SecuritiesLower Price TargetReduceC$35.00
i
7/10/2017ScotiabankLower Price TargetOutperformC$41.00
i
7/10/2017CIBCDowngradeOutperform ➝ NeutralC$36.00 ➝ C$28.00
i
6/29/2017National Bank FinancialReiterated RatingSector Perform Under Weight
i
Rating by M. Sytchev at National Bank Financial
5/15/2017ScotiabankLower Price TargetOutperformC$53.50
i
5/15/2017Royal Bank of CanadaLower Price TargetOutperformC$55.50
i
5/15/2017Raymond JamesLower Price TargetMarket PerformC$37.50 ➝ C$33.50
i
5/10/2017Barrington ResearchReiterated RatingMarket Perform
i
Rating by G. Prestopino at Barrington Research
5/8/2017Raymond JamesLower Price TargetMarket PerformC$37.50 ➝ C$33.50
i
5/8/2017Royal Bank of CanadaLower Price TargetOutperformC$55.50
i
5/5/2017Northcoast ResearchReiterated RatingNeutral
i
Rating by J. Healy at Northcoast Research
4/11/2017ScotiabankLower Price TargetOutperformC$59.00 ➝ C$53.50
i
4/10/2017TD SecuritiesBoost Price TargetReduceC$31.00 ➝ C$37.50
i
3/20/2017ScotiabankDowngradeOutperformC$44.00
i
2/22/2017ScotiabankReiterated RatingOutperformC$44.00
i
2/22/2017TD SecuritiesBoost Price TargetReduceC$29.00 ➝ C$31.00
i
2/22/2017Raymond JamesBoost Price TargetMarket PerformC$35.00 ➝ C$37.50
i
2/22/2017Royal Bank of CanadaReiterated RatingOutperformC$54.00
i
1/27/2017Raymond JamesReiterated RatingMarket PerformC$35.00
i
1/9/2017TD SecuritiesLower Price TargetReduceC$33.00 ➝ C$29.00
i
1/4/2017Raymond JamesSet Price TargetMarket PerformC$35.00
i
12/15/2016Royal Bank of CanadaReiterated RatingOutperformC$58.00
i
12/8/2016ScotiabankReiterated RatingOutperformC$44.00
i
12/6/2016TD SecuritiesReiterated RatingReduceC$33.00
i
11/11/2016TD SecuritiesReiterated RatingReduceC$33.00
i
11/11/2016Royal Bank of CanadaBoost Price TargetOutperformC$59.00
i
8/30/2016TD SecuritiesReiterated RatingReduceC$26.00
i
8/30/2016Royal Bank of CanadaReiterated RatingOutperformC$32.00 ➝ C$40.00
i
8/10/2016TD SecuritiesReiterated RatingReduceC$26.00
i
5/19/2016Royal Bank of CanadaReiterated RatingOutperformC$45.00
i
5/10/2016TD SecuritiesBoost Price TargetReduceC$23.00 ➝ C$26.00
i
5/10/2016Royal Bank of CanadaBoost Price TargetC$41.50 ➝ C$45.25
i
4/8/2016Raymond JamesBoost Price TargetOutperformC$29.50 ➝ C$31.00
i
2/29/2016TD SecuritiesLower Price TargetReduceC$23.00 ➝ C$22.00
i
2/29/2016BMO Capital MarketsLower Price TargetMarket PerformC$26.00 ➝ C$25.00
i
(Data available from 2/28/2016 forward)
Ritchie Bros. Auctioneers logo
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. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. It also offers live auction events with online bidding. The company sells used equipment to its customers through live, unreserved auctions at 40 auction sites worldwide. It serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. The company operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, 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$69.45
C$68.55
C$70.03

50 Day Range

MA: C$76.18
C$64.99
C$87.74

52 Week Range

Now: C$69.45
C$37.76
C$101.93

Volume

517,890 shs

Average Volume

229,275 shs

Market Capitalization

C$7.62 billion

P/E Ratio

45.10

Dividend Yield

1.61%

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, Scotiabank, 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$63.00, suggesting a possible downside of 9.3%. Raymond James has the highest price target set, predicting RBA will reach C$75.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of C$57.00 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 2 hold ratings and 1 buy rating 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?

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.