Barrington Maintains Their Hold Rating on Ritchie Bros (RBA)

By Carrie Williams

In a report released today, Gary Prestopino from Barrington maintained a Hold rating on Ritchie Bros (RBAResearch Report). The company’s shares closed on Friday at $33.52.

According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 1.9% and a 42.7% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, US Auto Parts Network, and AutoWeb Inc.

Ritchie Bros has an analyst consensus of Hold, with a price target consensus of $37.25.

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The company has a one-year high of $38.77 and a one-year low of $24.08. Currently, Ritchie Bros has an average volume of 349K.

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Ritchie Bros. Auctioneers, Inc. is an industrial auctioneer, which engages in the sale of equipment to on-site and online bidders. It operates through the following segments: Auctions and Marketplaces, Ritchie Bros. Financial Services, and Mascus.