RB Global Inc
RBA: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 55.00 | Qqkmb | Fwwjlmc |
Ritchie Bros. Continues to Make Its Case to Investors on the Combination With IAA
On Jan. 23, Ritchie Bros. held a call with investors to provide further insight into the rationale behind the IAA merger. As a result, we’ve elected to raise our fair value estimate to $48 from $42.50 previously, largely due to our increased cost synergy expectations for the combined entity.