RB Global Inc
RBA: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 43.00 | Pnvfmb | Pvkfgrs |
Ritchie Bros. Announces a Majority of Shareholders Have Voted to Approve the IAA Acquisition
On March 14, Ritchie Bros.' shareholders approved the company's acquisition of IAA. We're maintaining our $51 fair value estimate, but increasing our fair value on Canadian shares to CAD 70 from CAD 69 previously due to currency movements since our last update.