RB Global (TSE:RBA) PT Set at C$124.00 by National Bankshares

RB Global (TSE:RBA) (NYSE:RBA) has been assigned a C$124.00 price target by stock analysts at National Bankshares in a research note issued on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. National Bankshares’ price target indicates a potential downside of 13.50% from the stock’s current price.

RB Global Stock Performance

Shares of TSE RBA opened at C$143.35 on Monday. The firm’s 50-day moving average price is C$140.23 and its 200-day moving average price is C$147.74. RB Global has a 52-week low of C$125.00 and a 52-week high of C$164.85. The company has a market cap of C$26.62 billion, a PE ratio of 68.26, a PEG ratio of 2.43 and a beta of 0.37. The company has a quick ratio of 1.00, a current ratio of 1.28 and a debt-to-equity ratio of 74.28.

RB Global (TSE:RBA) (NYSE:RBA) last issued its quarterly earnings data on Thursday, November 6th. The company reported C$0.93 earnings per share for the quarter. RB Global had a net margin of 10.01% and a return on equity of 6.35%. The company had revenue of C$1.52 billion for the quarter. As a group, analysts anticipate that RB Global will post 5.0577819 EPS for the current year.

RB Global Company Profile

Ritchie Bros. operates the world’s leading marketplace for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. Ritchie Bros. operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet.