RB Global (TSE:RBA) Given a C$124.00 Price Target at National Bankshares

National Bankshares set a C$124.00 target price on RB Global (TSE:RBA) (NYSE:RBA) in a research report released on Monday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

RB Global Stock Performance

TSE:RBA opened at C$141.36 on Monday. The company has a market cap of C$26.25 billion, a price-to-earnings ratio of 67.31, a PEG ratio of 2.43 and a beta of 0.37. RB Global has a fifty-two week low of C$125.00 and a fifty-two week high of C$164.85. The company has a debt-to-equity ratio of 74.28, a quick ratio of 1.00 and a current ratio of 1.28. The stock has a fifty day moving average price of C$140.32 and a 200-day moving average price of C$147.74.

RB Global (TSE:RBA) (NYSE:RBA) last posted its quarterly earnings data on Thursday, November 6th. The company reported C$0.93 earnings per share for the quarter. The business had revenue of C$1.52 billion during the quarter. RB Global had a net margin of 10.01% and a return on equity of 6.35%. As a group, equities analysts anticipate that RB Global will post 5.0577819 EPS for the current fiscal year.

RB Global Company Profile

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.