RB Global Inc (RBA)
NYSE: RBA · IEX Real-Time Price · USD
76.44
+0.66 (0.87%)
Jul 2, 2024, 4:00 PM EDT - Market closed
RB Global Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for RB Global stock have an average target of 80.17, with a low estimate of 70 and a high estimate of 93. The average target predicts an increase of 4.88% from the current stock price of 76.44.
Analyst Consensus: Buy
* Price targets were last updated on May 28, 2024.
Analyst Ratings
The average analyst rating for RB Global stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold Maintains $68 → $79 | Hold | Maintains | $68 → $79 | +3.35% | May 28, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $88 → $89 | Buy | Maintains | $88 → $89 | +16.43% | Apr 24, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $76 → $88 | Buy | Maintains | $76 → $88 | +15.12% | Feb 26, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $75 → $93 | Buy | Maintains | $75 → $93 | +21.66% | Feb 26, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $74 → $76 | Buy | Maintains | $74 → $76 | -0.58% | Feb 6, 2024 |
Financial Forecast
Revenue This Year
4.31B
from 3.68B
Increased by 17.02%
Revenue Next Year
4.54B
from 4.31B
Increased by 5.48%
EPS This Year
3.32
from 1.04
Increased by 219.37%
EPS Next Year
3.69
from 3.32
Increased by 11.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.6B | 4.9B | 4.6B | 4.9B | 5.1B |
| Avg | 4.3B | 4.5B | 4.4B | 4.7B | 4.9B |
| Low | 3.8B | 4.0B | 4.3B | 4.6B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.5% | 14.2% | 1.4% | 10.1% | 9.5% |
| Avg | 17.0% | 5.5% | -2.4% | 5.9% | 5.3% |
| Low | 2.8% | -6.3% | -5.4% | 2.8% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.58 | 4.13 | 3.51 |
| Avg | 3.32 | 3.69 | 3.37 |
| Low | 3.07 | 3.25 | 3.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 244.3% | 24.2% | -4.9% |
| Avg | 219.4% | 11.1% | -8.6% |
| Low | 194.9% | -2.0% | -11.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.