National Bank Raises Price Targets on RB Global and Russel Metals
National Bank lifted its price target on RB Global to $132 from $130 and on Russel Metals to C$101 from C$75, keeping both ratings unchanged.
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what happened
National Bank raised its price target on RB Global Inc. to $132.00 per share from $130.00 and kept its Outperform rating.
The same bank lifted its target on Russel Metals Inc. to C$101.00 per share from C$75.00, maintaining a Sector Perform rating.
Both updates were recorded on October 15, 2026 at 15:09 GMT.
why it matters
The revised targets raise the bank's valuation of both companies while leaving their recommendations intact. For investors tracking industrial auctions and metals distribution, this signals a shift in expected share value without a change in the rating itself.
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prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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