Rexel S.A. (OTCMKTS:RXEEY) Receives Average Recommendation of “Hold” from Analysts

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Shares of Rexel S.A. (OTCMKTS:RXEEY) have earned an average recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company.

A number of research analysts have recently weighed in on the stock. Morgan Stanley reissued an “overweight” rating on shares of Rexel in a research report on Thursday, January 7th. Berenberg Bank reissued a “buy” rating on shares of Rexel in a research report on Tuesday, February 2nd. JPMorgan Chase & Co. restated an “overweight” rating on shares of Rexel in a research note on Monday, December 7th. Oddo Bhf upgraded shares of Rexel from a “neutral” rating to an “outperform” rating in a research note on Friday, February 12th. Finally, AlphaValue upgraded shares of Rexel to a “sell” rating in a research note on Wednesday, February 17th.

Rexel stock opened at $18.57 on Thursday. Rexel has a twelve month low of $5.78 and a twelve month high of $18.57. The firm has a 50 day moving average price of $16.45 and a 200-day moving average price of $13.95.

About Rexel

Rexel SA distributes electrical products for residential, commercial, and industrial sectors. The company offers smart cameras, sensors, controllers, and monitoring software; light sources, lights, and control switches; climate control products, including heat pumps, air conditioning, and water heaters; fire alarms, surveillance equipment, access controls devices, and emergency lightings; and connection cables, switches, and routers, as well as enclosures, mounts, and racks.

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Analyst Recommendations for Rexel (OTCMKTS:RXEEY)

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