The Globe and Mail reports in its Friday, May 9, edition that Raymond James analyst Steve Hansen has reiterated his "outperform" recommendation for RB Global. The Globe's David Leeder writes in the Eye On Equities column that Mr. Hansen advanced his share target by $7 to $125 (all figures U.S.). Analysts on average target the shares at $110.95. Mr. Hansen says in a note, "We are increasing our target price on RB Global and reiterating our 'outperform' rating based upon: 1) another strong quarter demonstrating solid operating momentum; 2) another marquee contract win (UK-based) and global market share gains; and 3) upward commensurate revisions to our financial forecast." The Globe reported on Dec. 13 that CIBC World Markets analyst Krista Friesen had reaffirmed her "outperformer" recommendation for RB Global. The shares could then be had for $90.21. The Globe reported on Feb. 20 that National Bank Financial analyst Maxim Sytchev had reaffirmed his "outperform" recommendation for RB Global. The shares could then be had for $103.52.
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