Rexel S.A. (OTCMKTS:RXEEY – Get Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $42.68, but opened at $44.83. Rexel shares last traded at $44.05, with a volume of 1,689 shares.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the stock. Zacks Research raised shares of Rexel to a “hold” rating in a research note on Tuesday, June 9th. Jefferies Financial Group raised Rexel from a “hold” rating to a “buy” rating in a research report on Wednesday, April 8th. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.
Get Our Latest Research Report on RXEEY
Rexel Trading Up 1.2%
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.
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