Expert Ratings for RB Global
Portfolio Pulse from Benzinga Insights
RB Global (NYSE:RBA) has received four somewhat bullish analyst ratings in the last quarter, with no bearish or indifferent ratings. The average 12-month price target for the stock, according to these analysts, is $69.0, marking a 14.05% increase from the previous average target of $60.50.
July 20, 2023 | 2:01 pm
News sentiment analysis
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POSITIVE IMPACT
RB Global has received somewhat bullish analyst ratings, which could potentially drive the stock price up in the short term. The increased average price target also indicates a positive outlook.
Analyst ratings are a significant factor that investors consider when making investment decisions. The somewhat bullish ratings for RB Global indicate a positive sentiment towards the stock, which could drive its price up. Additionally, the increase in the average price target suggests that analysts believe the stock has potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100