Target Price For Ritchie Bros Cut By RBC Capital, BMO Capital

RBC Capital cuts the target price for Ritchie Bros Auctioneers Incorporated RBA to $16 from $18, while maintaining its rating for the stock. Another investment firm, BMO Capital has also lowered its target price on RBA to $19 from $21, while keeping their rating on the stock intact. RBA's shares are trading at $18.50, down 0.86%, in pre-market. Read more from Benzinga's Company news.