REXEL SA/ADR (OTCMKTS:RXEEY) Lifted to Overweight at JPMorgan Chase & Co.

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JPMorgan Chase & Co. upgraded shares of REXEL SA/ADR (OTCMKTS:RXEEY) from a neutral rating to an overweight rating in a research note released on Sunday morning, The Fly reports.

Shares of OTCMKTS:RXEEY opened at $12.75 on Friday. REXEL SA/ADR has a 1-year low of $9.48 and a 1-year high of $13.53. The firm’s 50 day simple moving average is $12.55 and its two-hundred day simple moving average is $11.54.

About REXEL SA/ADR

Rexel SA distributes low and ultra-low voltage electrical products to professional customers and markets in the fields of construction, industry, and services. It offers electrical installation equipment, conduits and cables, lighting, security and communication, climate control, tools, and white and brown goods.

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