Citigroup Inc. (C) Reaches $67.94 Formed H&S; 4 Bullish Analysts Covering Ritchie Bros. Auctioneers (RBA)

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) Logo

Among 15 analysts covering Ritchie Bros. Auctioneers Incorporated (NYSE:RBA), 4 have Buy rating, 3 Sell and 8 Hold. Therefore 27% are positive. Ritchie Bros. Auctioneers Incorporated had 40 analyst reports since August 10, 2015 according to SRatingsIntel. On Thursday, October 5 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. RBC Capital Markets maintained Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) rating on Tuesday, January 12. RBC Capital Markets has “Outperform” rating and $28.0 target. The rating was initiated by Macquarie Research with “Outperform” on Friday, August 26. The firm has “Sector Weight” rating given on Monday, April 10 by KeyBanc Capital Markets. The stock of Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has “Hold” rating given on Wednesday, August 10 by Jefferies. The company was downgraded on Tuesday, December 27 by Raymond James. The rating was maintained by Bank of America on Thursday, November 16 with “Underperform”. Bank of America downgraded the stock to “Underperform” rating in Friday, January 13 report. The firm has “Outperform” rating by National Bank Canada given on Monday, November 20. Oppenheimer maintained the stock with “Hold” rating in Tuesday, August 8 report. See Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) latest ratings:

06/04/2018 Broker: RBC Capital Markets Rating: Sector Perform New Target: $33 Initiates Coverage On
06/03/2018 Broker: Barrington Rating: Hold
28/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $38.0 Maintain
01/02/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $21.5 New Target: $30 Maintain
18/01/2018 Broker: Jefferies Rating: Hold New Target: $30.0 Maintain
09/01/2018 Broker: Scotia Capital Rating: Buy New Target: $35.0 Maintain
20/11/2017 Broker: National Bank Canada Old Rating: Sector Perform New Rating: Outperform Upgrade
16/11/2017 Broker: Bank of America Rating: Underperform Old Target: $22.5 New Target: $21.5 Maintain
13/11/2017 Broker: TD Securities Rating: Sell New Target: $22.0 Maintain
09/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

Citigroup Inc. (C) formed H&S with $64.54 target or 5.00% below today’s $67.94 share price. Citigroup Inc. (C) has $173.24B valuation. The stock increased 0.47% or $0.32 during the last trading session, reaching $67.94. About 12.51 million shares traded. Citigroup Inc. (NYSE:C) has risen 17.06% since May 7, 2017 and is uptrending. It has outperformed by 5.51% the S&P500.

Ritchie Bros. Auctioneers Incorporated, together with its subsidiaries, sells industrial equipment and other assets for the construction, agriculture, transportation, energy, mining, forestry, material handling, marine, and real estate industries through its unreserved auctions and online marketplaces. The company has market cap of $3.59 billion. The firm operates a network of auction locations that conduct live and unreserved auctions with on-site and online bidding. It has a 48.25 P/E ratio. It also operates an online-only used equipment marketplace that facilitates the completion of sales through a settlement process.

The stock increased 1.70% or $0.56 during the last trading session, reaching $33.44. About 192,456 shares traded. Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) has declined 4.25% since May 7, 2017 and is downtrending. It has underperformed by 15.80% the S&P500.

Another recent and important Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) news was published by Prnewswire.com which published an article titled: “Technical Reports on Business Services Equities — RR Donnelley & Sons, Ritchie Bros. Auctioneers, Rollins, and …” on May 07, 2018.

Since February 27, 2018, it had 0 insider buys, and 6 sales for $4.97 million activity. MURRAY JOSEPH MICHAEL had sold 3,400 shares worth $263,126 on Tuesday, February 27. Callahan Don sold $536,410 worth of stock or 7,000 shares. On Tuesday, February 27 Fraser Jane Nind sold $2.51M worth of Citigroup Inc. (NYSE:C) or 32,400 shares. Hu W. Bradford sold $611,804 worth of stock. 7,000 shares were sold by Gerspach John C, worth $542,920. Shares for $500,666 were sold by Forese James A. on Tuesday, February 27.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 23 have Buy rating, 2 Sell and 15 Hold. Therefore 58% are positive. Citigroup Inc. has $215 highest and $4.0 lowest target. $73.21’s average target is 7.76% above currents $67.94 stock price. Citigroup Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Citigroup Inc. (NYSE:C) has “Market Perform” rating given on Monday, April 18 by Wood. The stock of Citigroup Inc. (NYSE:C) has “Buy” rating given on Monday, November 30 by Guggenheim. Keefe Bruyette & Woods downgraded it to “Hold” rating and $82.0 target in Tuesday, January 16 report. The company was maintained on Wednesday, August 12 by Deutsche Bank. The firm has “Sector Weight” rating given on Tuesday, January 5 by KeyBanc Capital Markets. The stock of Citigroup Inc. (NYSE:C) earned “Underperform” rating by Raymond James on Wednesday, September 27. Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) rating on Wednesday, June 7. Keefe Bruyette & Woods has “Buy” rating and $6900 target. Oppenheimer downgraded Citigroup Inc. (NYSE:C) on Thursday, November 9 to “Market Perform” rating. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Nomura on Friday, October 13. The firm has “Outperform” rating given on Monday, September 28 by Credit Suisse.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.58 earnings per share, up 24.41% or $0.31 from last year’s $1.27 per share. C’s profit will be $4.03B for 10.75 P/E if the $1.58 EPS becomes a reality. After $1.68 actual earnings per share reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -5.95% negative EPS growth.

Citigroup Inc. (NYSE:C) Institutional Positions Chart