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RB Global (RBA) Stock Forecast & Price Target

$80.03
-0.39 (-0.48%)
(As of 06/18/2024 ET)

RB Global - Analysts' Recommendations and Stock Price Forecast (2024)

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

Consensus Price Target

$84.14
5.14% Upside
High Forecast$95.00
Average Forecast$84.14
Low Forecast$70.00
TypeCurrent Forecast
6/20/23 to 6/19/24
1 Month Ago
5/21/23 to 5/20/24
3 Months Ago
3/22/23 to 3/21/24
1 Year Ago
6/20/22 to 6/20/23
Consensus Rating
Moderate Buy
Buy
Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
4 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
Hold
1 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$84.14$83.00$82.80$61.57
Forecasted Upside5.14% Upside17.25% Upside18.62% Upside11.97% Upside
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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 GlobalBusiness Services CompaniesS&P 500
Consensus Rating Score
2.83
2.64
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside5.14% Upside154.62% Upside11.31% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/18/2024CIBC
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 Initiated CoverageSector Outperform$95.00+18.14%
5/28/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$68.00 ➝ $79.00+3.44%
4/24/2024Scotiabank
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 Boost TargetSector Outperform ➝ Sector Outperform$88.00 ➝ $89.00+21.85%
2/26/2024Raymond James
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 Boost TargetOutperform$78.00 ➝ $90.00+17.00%
2/26/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$75.00 ➝ $93.00+19.89%
11/10/2023National Bankshares
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 Boost TargetOutperform$71.00 ➝ $73.00+19.46%
7/10/2023National Bank Financial
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 Boost Target$61.00 ➝ $70.00+17.05%
5/4/2023OTR Global
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 UpgradePositive
3/20/2023Robert W. Baird
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 Lower Target$66.00 ➝ $64.00+21.12%
11/14/2022Northcoast Research
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 UpgradeNeutral ➝ Buy$65.00+18.53%
11/7/2022Barrington Research
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 UpgradeMarket Perform ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 06:11 AM ET.

RBA Forecast - Frequently Asked Questions

What is RB Global's stock forecast and purchase recommendation?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for RB Global is $84.14, with a high forecast of $95.00 and a low forecast of $70.00. The consensus rating for RB Global stock is Moderate Buy based on the current 1 hold rating and 5 buy ratings for RBA. Learn more on RBA's analyst rating history.

Do Wall Street analysts like RB Global more than its competitors?

Analysts like RB Global more than other "business services" companies. The consensus rating score for RB Global is 2.83 while the average consensus rating score for "business services" companies is 2.64. Learn more on how RBA compares to other companies.

Does RB Global's stock price have much upside?

According to analysts, RB Global's stock has a predicted upside of 15.06% based on their 12-month stock forecasts.

What analysts cover RB Global?

RB Global has been rated by research analysts at Bank of America, CIBC, and Scotiabank in the past 90 days.


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This page (NYSE:RBA) was last updated on 6/19/2024 by MarketBeat.com Staff

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