Rexel S.A. (OTCMKTS:RXEEY – Get Free Report) saw strong trading volume on Monday . 27,487 shares traded hands during mid-day trading, an increase of 71% from the previous session’s volume of 16,101 shares.The stock last traded at $42.1313 and had previously closed at $41.74.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating on shares of Rexel in a research report on Monday, June 29th. Zacks Research upgraded Rexel to a “hold” rating in a report on Tuesday, June 9th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.
Get Our Latest Stock Analysis on RXEEY
Rexel Stock Performance
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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