Analyst Michael Feniger from Bank of America Securities reiterated a Buy rating on RB Global and keeping the price target at $123.00.
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Michael Feniger has given his Buy rating due to a combination of factors, including RB Global’s strong fourth-quarter performance and operating leverage. The company delivered double-digit EBITDA growth that materially exceeded expectations, driven by mid-single-digit service revenue growth, solid free cash flow, disciplined costs, and better margins despite only modest gross transaction value expansion across core segments.
Feniger also highlights management’s 2026 outlook as both encouraging and likely conservative, with projected GTV and EBITDA growth supported by share gains in autos and new long-term partner agreements. He views RB Global’s stepped-up investment in physical infrastructure as a durable competitive advantage in an increasingly digital and AI-driven environment, and his price objective implies further upside based on a premium multiple to projected 2026 earnings power.
In another report released on February 17, RBC Capital also maintained a Buy rating on the stock with a $146.00 price target.
RBA’s price has also changed slightly for the past six months – from C$159.290 to C$147.240, which is a -7.56% drop .