Ritchie Bros. Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. It sells a range of used and unused commercial assets, including earthmoving equipment, truck tractors and trailers, government surplus, oil and gas equipment, and other industrial assets, as well as construction and heavy machinery. The company also offers live auction events with online bidding. It sells used equipment to its customers through live, unreserved auctions at 40 auction sites worldwide. The company serves construction, transportation, agriculture, energy, oil and gas, mining, and forestry sectors. It operates in the United States, Canada, Australia, the United Arab Emirates, the Netherlands, Europe, the Middle East, Asia, and internationally. The company was founded in 1958 and is headquartered in Burnaby, Canada.
IPO Year:
Exchange: NYSE
Website: ritchiebros.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | $105.00 | Outperform | BMO Capital Markets |
| 6/18/2024 | Sector Outperform | CIBC | |
| 7/20/2023 | $60.00 → $75.00 | Mkt Perform → Outperform | Raymond James |
| 5/18/2023 | $61.00 | Sector Perform → Outperform | National Bank Financial |
| 12/5/2022 | $59.00 → $65.00 | Sector Perform → Sector Outperform | Scotiabank |
| 11/14/2022 | $65.00 | Neutral → Buy | Northcoast |
| 11/8/2022 | $74.00 → $55.00 | Buy → Neutral | BofA Securities |
| 11/7/2022 | Mkt Perform → Outperform | Barrington Research | |
| 7/14/2022 | $75.00 | Neutral → Buy | BofA Securities |
| 7/13/2022 | $56.00 | Sector Perform → Underperform | National Bank Financial |