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RB Global Inc. (RBA:CA) Raymond James Raises Target Forecast

Stock Target Advisor - Wed Jan 21, 9:50PM CST

RB Global Inc. (RBA:CA) (RBA)

Raymond James recently raised its 12 month target price on RB Global to $200.50 from $187.00 while maintaining an “Outperform” rating on RB Global, reflecting increased confidence in the company’s earnings durability and long-term growth profile. RBA is expected to continued its strength in industrial auction volumes, disciplined cost control, and improving monetization across RB Global’s expanded asset base following its transformational acquisitions.

The analyst also highlighted RB Global’s diversified end-market exposure, including construction, transportation, energy, and agriculture, which helps smooth results across economic cycles. Ongoing synergy realization, technology investments, and pricing initiatives are expected to support margin expansion and free cash flow growth. With a strong balance sheet and scalable platform, Raymond James views RB Global as well positioned to deliver attractive shareholder returns, supporting the higher valuation outlook.

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