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 research note published on Monday, Marketbeat Ratings reports.

Rexel Stock Performance

OTCMKTS RXEEY opened at $25.90 on Monday. Rexel has a fifty-two week low of $22.88 and a fifty-two week high of $31.35. The stock’s 50-day moving average is $26.62 and its two-hundred day moving average is $26.73.

About Rexel

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.