RB Global (TSE:RBA) Director Chloe Harford Purchases 1,200 Shares of Stock

RB Global, Inc. (TSE:RBA) (NYSE:RBA) Director Chloe Harford bought 1,200 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was 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 owned 1,200 shares of the company’s stock, valued at approximately C$141,744. This trade represents a ∞ increase in their position.

RB Global Stock Up 0.9%

Shares of RB Global stock opened at C$117.60 on Wednesday. The company has a market capitalization of C$21.78 billion, a P/E ratio of 50.69, a price-to-earnings-growth ratio of 2.43 and a beta of 0.03. The company has a debt-to-equity ratio of 74.64, a current ratio of 1.31 and a quick ratio of 0.99. The business has a 50-day moving average of C$147.38 and a two-hundred day moving average of C$142.89. RB Global, Inc. has a 1 year low of C$113.81 and a 1 year high of C$166.51.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Raymond James Financial upgraded shares of RB Global from a “moderate buy” rating to a “strong-buy” rating and set a C$145.00 target price on the stock in a report on Tuesday, June 30th. Barclays raised shares of RB Global to a “strong-buy” rating in a research note on Thursday, May 28th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of C$134.50.

About RB Global

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.