Sanford C. Bernstein Upgrades Rexel (OTCMKTS:RXEEY) to “Outperform”

Sanford C. Bernstein upgraded shares of Rexel (OTCMKTS:RXEEY) from a market perform rating to an outperform rating in a report published on Monday, MarketBeat Ratings reports.

Rexel Stock Performance

Shares of Rexel stock opened at $25.69 on Monday. Rexel has a twelve month low of $22.88 and a twelve month high of $31.35. The business has a 50-day moving average price of $26.59 and a 200-day moving average price of $26.73.

Rexel Company Profile

Rexel SA, together with its subsidiaries, engages in distribution of low and ultra-low voltage electrical products and services for the residential, commercial, and industrial markets in France, Europe, North America, and Asia-Pacific. 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.