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

Shares of Rexel S.A. (OTCMKTS:RXEEY) have been assigned a consensus rating of “Hold” from the ten analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company.

A number of brokerages have recently issued reports on RXEEY. Berenberg Bank reaffirmed a “buy” rating on shares of Rexel in a research report on Tuesday, February 2nd. Societe Generale reissued a “buy” rating on shares of Rexel in a report on Friday, April 23rd. Morgan Stanley reissued an “overweight” rating on shares of Rexel in a report on Friday, April 23rd. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Rexel in a report on Friday, April 23rd. Finally, Oddo Bhf raised shares of Rexel from a “neutral” rating to an “outperform” rating in a report on Friday, February 12th.

Shares of RXEEY stock traded up $0.48 during trading hours on Tuesday, reaching $20.41. 500 shares of the company’s stock were exchanged, compared to its average volume of 895. The stock’s 50 day moving average is $19.99 and its 200-day moving average is $16.36. Rexel has a fifty-two week low of $10.48 and a fifty-two week high of $21.01.

The firm also recently declared a dividend, which will be paid on Tuesday, May 18th. Shareholders of record on Wednesday, April 28th will be issued a $0.5465 dividend. This represents a yield of 2.66%. The ex-dividend date of this dividend is Tuesday, April 27th.

Rexel Company Profile

Rexel SA, together with its subsidiaries, engages in the distribution of low and ultra-low voltage electrical products for professional customers in Europe, the United States, Canada, China, Australia, and New Zealand. 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, and switches and routers, as well as enclosures, mounts, and racks.

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Analyst Recommendations for Rexel (OTCMKTS:RXEEY)

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