RB Global, Inc. (TSE:RBA - Get Free Report) (NYSE:RBA) Director Chloe Harford purchased 1,200 shares of the firm's stock in a transaction dated Monday, August 24th. The shares were acquired at an average cost of C$118.12 per share, with a total value of C$141,744.00. Following the completion of the purchase, the director directly owned 1,200 shares in the company, valued at approximately C$141,744. This represents a ∞ increase in their ownership of the stock.
RB Global Price Performance
TSE RBA opened at C$117.60 on Wednesday. The firm's 50 day moving average is C$147.38 and its 200-day moving average is C$142.89. The company has a quick ratio of 0.99, a current ratio of 1.31 and a debt-to-equity ratio of 74.64. The company has a market capitalization of C$21.78 billion, a PE ratio of 50.69, a price-to-earnings-growth ratio of 2.43 and a beta of 0.03. RB Global, Inc. has a 12-month low of C$113.81 and a 12-month high of C$166.51.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Barclays upgraded shares of RB Global to a "strong-buy" rating in a research note on Thursday, May 28th. Raymond James Financial upgraded RB Global from a "moderate buy" rating to a "strong-buy" rating and set a C$145.00 price objective for the company in a report on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of C$134.50.
View Our Latest Report on RBA
RB Global Company Profile
(
Get Free Report)
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. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
