Information Provided By: 
Fly News Breaks for December 27, 2016
RBA
Dec 27, 2016 | 05:43 EDT
Jefferies analyst Stephen Volkmann says Ritchie Bros.' annual auction results of $4.3B in Gross Auction Proceeds came in roughly $100M below his modeled expectations. Used pricing particularly within transports has pressured results over the past several quarters, the analyst tells investors in a research note. He believes the auction results could signal at Q4 earnings miss and keeps a Hold rating on the shares with a $32 price target.
News For RBA From the Last 2 Days
There are no results for your query RBA
