Rexel (OTCMKTS:RXEEY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Rexel (OTCMKTS:RXEEY) to a hold rating in a report issued on Tuesday,Zacks.com reports.

Separately, Jefferies Financial Group upgraded shares of Rexel from a “hold” rating to a “buy” rating in a research report on Wednesday, April 8th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Rexel currently has an average rating of “Moderate Buy”.

Rexel Stock Performance

Rexel stock opened at $41.79 on Tuesday. Rexel has a 1-year low of $27.94 and a 1-year high of $47.13. The stock’s fifty day moving average is $42.60 and its two-hundred day moving average is $41.07.

Rexel Company Profile

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.