Rexel S.A. (OTCMKTS:RXEEY – Get Free Report) shares saw an uptick in trading volume on Monday . Approximately 27,487 shares were traded during 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.
Analysts Set New Price Targets
RXEEY has been the topic of several analyst reports. Morgan Stanley restated an “overweight” rating on shares of Rexel in a report on Monday, June 29th. Zacks Research upgraded Rexel to a “hold” rating in a research note on Tuesday, June 9th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rexel presently has a consensus rating of “Moderate Buy”.
View Our Latest Stock Analysis on Rexel
Rexel Stock Up 1.3%
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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