Rexel S.A. (OTCMKTS:RXEEY – Get Rating) has earned a consensus recommendation of “Buy” from the ten analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $24.33.
RXEEY has been the topic of several analyst reports. Morgan Stanley reduced their price target on shares of Rexel from €25.00 ($26.88) to €24.00 ($25.81) and set an “overweight” rating on the stock in a research report on Monday, April 11th. JPMorgan Chase & Co. lifted their price target on shares of Rexel from €25.00 ($26.88) to €27.00 ($29.03) in a research report on Friday, January 14th.
Shares of RXEEY stock remained flat at $$20.67 during trading on Tuesday. 149 shares of the stock traded hands, compared to its average volume of 1,472. The firm’s 50-day moving average price is $21.40 and its two-hundred day moving average price is $20.94. Rexel has a 1 year low of $17.65 and a 1 year high of $24.42.
Rexel SA, together with its subsidiaries, engages in the distribution of electrical products and services for the residential, commercial, and industrial energy markets worldwide. It operates through Europe, North America, and Asia-Pacific segments. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, and switches and routers, as well as enclosures, mounts, and racks.
- Get a free copy of the StockNews.com research report on Rexel (RXEEY)
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