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RB Global (RBA) Stock Forecast & Price Target

RB Global logo
C$130.06 -0.66 (-0.50%)
(As of 12/20/2024 05:17 PM ET)

RB Global - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
0
Buy
2

Based on 2 Wall Street analysts who have issued ratings for RB Global in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 2 analysts, 1 has given a buy rating, and 1 has given a strong buy rating for RBA.

Consensus Price Target

C$76.00
-41.57% Downside
According to the 2 analysts' twelve-month price targets for RB Global, the average price target is C$76.00. The highest price target for RBA is C$76.00, while the lowest price target for RBA is C$76.00. The average price target represents a forecasted downside of -41.57% from the current price of C$130.06.
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RBA Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$76.00C$76.00C$75.67C$75.50
Forecasted Upside-41.57% Downside-42.93% Downside-33.90% Downside-13.66% Downside
Consensus Rating
Strong Buy
Strong Buy
Buy
Buy

RBA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RBA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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RB Global Stock vs. The Competition

TypeRB GlobalIndustrials Companies
Consensus Rating Score
3.50
2.73
Consensus RatingStrong BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent RBA News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/5/2024BMO Capital Markets
4 of 5 stars
J. Gibson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy
2/6/2024Scotiabank
5 of 5 stars
 Boost TargetOutperformC$74.00 ➝ C$76.00-13.58%
11/10/2023Raymond James
4 of 5 stars
 Boost TargetOutperformC$75.00 ➝ C$78.00-7.58%
11/10/2023Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$75.00 ➝ C$73.00-13.51%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:49 AM ET.


Should I Buy RB Global Stock? RBA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, December 11, 2024. Please send any questions or comments about these RB Global pros and cons to contact@marketbeat.com.

RB Global
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in RB Global, Inc.:

  • RB Global, Inc. recently crossed above its 200-day moving average, indicating a potential upward trend in stock performance, which is often seen as a bullish signal for investors.
  • The stock price reached a new 52-week high of C$132.05, reflecting strong market confidence and positive investor sentiment.
  • BMO Capital Markets upgraded RB Global, Inc. to a "strong-buy" rating, suggesting that analysts expect significant growth and performance improvement, which can attract more investors.
  • The company announced an increase in its quarterly dividend to $0.392 per share, representing an annualized yield of 1.21%. This increase can be appealing to income-focused investors looking for reliable returns.
  • RB Global, Inc. has a solid market capitalization of approximately C$24.09 billion, indicating a stable and established presence in the market, which can provide a sense of security for investors.

RB Global
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in RB Global, Inc. for these reasons:

  • The company has a high debt-to-equity ratio of 80.04, which may indicate that it relies heavily on debt financing. This can pose risks, especially in volatile market conditions.
  • Despite the recent stock price increase, the P/E ratio stands at 53.14, suggesting that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • Insider selling activity was noted, with a senior officer selling 3,000 shares at an average price of C$85.55. This could raise concerns about the company's future prospects from an insider's perspective.
  • The current ratio of 1.29, while above 1, indicates that the company has more current assets than liabilities, but it is relatively low, which may suggest potential liquidity issues in the short term.
  • The stock's beta of 0.93 indicates that it is less volatile than the market, which may not appeal to investors seeking high-risk, high-reward opportunities.

RBA Forecast - Frequently Asked Questions

According to the research reports of 2 Wall Street equities research analysts, the average twelve-month stock price forecast for RB Global is C$76.00, with a high forecast of C$76.00 and a low forecast of C$76.00.

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RB Global in the last twelve months. There is currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" RBA shares.

According to analysts, RB Global's stock has a predicted downside of -41.57% based on their 12-month stock forecasts.

Analysts like RB Global more than other "industrials" companies. The consensus rating for RB Global is Strong Buy while the average consensus rating for "industrials" companies is Moderate Buy. Learn more on how RBA compares to other companies.


This page (TSE:RBA) was last updated on 12/21/2024 by MarketBeat.com Staff
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