In a report released today, Gary Prestopino from Barrington maintained a Hold rating on Ritchie Bros (RBA). The company’s shares opened today at $36.34.
Prestopino commented:
“We have a MARKET PERFORM investment rating on the shares based on valuation.”
According to TipRanks.com, Prestopino is ranked 0 out of 5 stars with an average return of -3.9% and a 42.0% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and Liquidity Services.
The word on The Street in general, suggests a Hold analyst consensus rating for Ritchie Bros with a $30.99 average price target.
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The company has a one-year high of $38.77 and a one-year low of $30.76. Currently, Ritchie Bros has an average volume of 313.8K.
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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.
