RB Global Inc
RBA: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| KL$ | LOCK|RQw! | LOCK|q#&wRq |
RB Global: Very Defensible Niche, but Seemingly Limited Upside
We are transferring coverage of RB Global, a leading marketplace for transactions in industrial equipment. Second-quarter results were steady, with a tightening of EBITDA guidance range, but essentially the same outlook, excluding the potential positive impact from second-half catastrophe events.
