Rexel S.A. (OTCMKTS:RXEEY – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $36.37 and traded as high as $43.69. Rexel shares last traded at $43.68, with a volume of 13,925 shares trading hands.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on RXEEY. Citigroup reaffirmed a “buy” rating on shares of Rexel in a report on Friday, February 6th. Morgan Stanley restated an “overweight” rating on shares of Rexel in a research report on Monday, December 8th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on Rexel
Rexel Stock Up 1.7%
About Rexel
Rexel is a global distributor specializing in electrical supplies and services for residential, commercial and industrial markets. The company’s product portfolio includes wiring, lighting, automation and control systems, energy management solutions, safety equipment and renewable energy products. Rexel supports its customers with technical expertise, digital tools and value-added services such as inventory management, project management and on-site support.
Headquartered in Paris, France, Rexel operates in more than 25 countries across Europe, North America, Asia-Pacific and Latin America.
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