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RB Global Inc has a consensus price target of $89.85 based on the ratings of 12 analysts. The high is $107 issued by RBC Capital on November 11, 2024. The low is $65 issued by Northcoast Research on November 14, 2022. The 3 most-recent analyst ratings were released by RBC Capital, BMO Capital, and Baird on November 11, 2024, respectively. With an average price target of $104.67 between RBC Capital, BMO Capital, and Baird, there's an implied 9.78% upside for RB Global Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for RB Global (NYSE:RBA) was reported by RBC Capital on November 11, 2024. The analyst firm set a price target for $107.00 expecting RBA to rise to within 12 months (a possible 12.23% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for RB Global (NYSE:RBA) was provided by RBC Capital, and RB Global maintained their outperform rating.
The last upgrade for RB Global Inc happened on July 20, 2023 when Raymond James raised their price target to $75. Raymond James previously had a market perform for RB Global Inc.
The last downgrade for RB Global Inc happened on November 8, 2022 when B of A Securities changed their price target from $74 to $55 for RB Global Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of RB Global, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for RB Global was filed on November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest RB Global (RBA) rating was a maintained with a price target of $99.00 to $107.00. The current price RB Global (RBA) is trading at is $95.34, which is out of the analyst’s predicted range.
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