Rexel S.A. (OTCMKTS:RXEEY – Get Free Report) shares saw strong trading volume on Thursday . 112,722 shares traded hands during trading, an increase of 544% from the previous session’s volume of 17,498 shares.The stock last traded at $43.8695 and had previously closed at $42.68.
Analysts Set New Price Targets
Several research firms have recently commented on RXEEY. Jefferies Financial Group raised shares of Rexel from a “hold” rating to a “buy” rating in a research note on Wednesday, April 8th. Zacks Research raised shares of Rexel to a “hold” rating in a research note on Tuesday, June 9th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on RXEEY
Rexel Price 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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