Rexel S.A. (OTCMKTS:RXEEY – Get Free Report)’s stock price gapped up prior to trading on Friday. The stock had previously closed at $36.83, but opened at $38.16. Rexel shares last traded at $37.04, with a volume of 5,479 shares changing hands.
Analysts Set New Price Targets
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Rexel in a research note on Tuesday, October 6th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Rexel
Rexel Price Performance
Rexel Company Profile
Rexel SE is a France-based distributor of electrical products and related services. The company supplies electrical equipment and solutions to professional customers, including electrical contractors, industrial businesses, commercial and residential construction companies, and maintenance providers.
Its product offering includes electrical installation equipment, wiring and cabling, lighting, automation and control systems, industrial supplies, heating and ventilation products, renewable-energy equipment, and solutions for energy management and building electrification.
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