In a report released today, Gary Prestopino from Barrington maintained a Buy rating on RB Global, with a price target of $125.00.
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Gary Prestopino has given his Buy rating due to a combination of factors including RB Global’s strong financial performance in the second quarter of 2025. The company reported an 8% increase in revenue to $1.2 billion and a 7% rise in adjusted EBITDA to $364.5 million, surpassing both the firm’s and consensus expectations. This growth was achieved despite a challenging market environment, showcasing RB Global’s operational efficiency and leverage.
Additionally, the Automotive segment demonstrated robust performance by outpacing the overall market and expanding its market share with a 9% increase in unit volumes year-over-year. The acquisition of J.M. Wood Auction Co. and the strategic partnership with LKQ Europe further enhance RB Global’s market presence and service offerings. These strategic moves, along with the company’s ability to consistently overdeliver against service level agreements, underpin Prestopino’s positive outlook and Buy rating for the stock.
In another report released today, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a C$180.00 price target.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RBA in relation to earlier this year.