BMO Capital analyst John Gibson raised the firm’s price target on RB Global (RBA) to $135 from $130 and keeps an Outperform rating on the shares. The company delivered another strong quarter, with Commercial Construction and Transportation segment Gross Transaction Value – GTV – rising 27%, the analyst tells investors in a research note. The strong CC&T print is indicative of a turning point in heavy equipment sales, the firm added.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBA:
- John Gibson CFA Reiterates Buy on RB Global, Lifting Price Target to $135 on Strong Results and Conservative 2026 Outlook
- RB Global price target raised to $150 from $146 at RBC Capital
- RB Global Raises 2026 Outlook After Strong Q1 Results
- RB Global reports Q1 adjusted EPS $1.01, consensus 97c
- RBA Earnings Report this Week: Is It a Buy, Ahead of Earnings?