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Ritchie Bros Auction (RBA) Gets a Hold Rating from Barrington


According to The Fly, in a latest note to investors, a research analyst has provided a rating update for the Ritchie Bros Auction (RBA). Analyst Gary Prestopino from Barrington rated Ritchie Bros Auction (RBA) a Hold today.

According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 2.3% and a 45.1% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Ritchie Bros.

The word on The Street in general, suggests a Hold analyst consensus rating for Ritchie Bros Auction with a C$37.50 average price target.

The company has a one-year high of C$50.66 and a one-year low of C$30.63. Currently, Ritchie Bros Auction has an average volume of 153.9K.

Ritchie Bros. Auctioneers, Inc. is an industrial auctioneer, which engages in the sale of equipment to on-site and online bidders. It operates through the following segments: Auctions and Marketplaces, Ritchie Bros. Financial Services, and Mascus.

The company’s shares closed on Friday at C$46.70.