Rexel (OTCMKTS:RXLSF) Given New €24.00 Price Target at Morgan Stanley

Rexel (OTCMKTS:RXLSFGet Rating) had its price target reduced by Morgan Stanley from €25.00 ($25.77) to €24.00 ($24.74) in a research note issued to investors on Monday, The Fly reports.

RXLSF has been the subject of several other reports. JPMorgan Chase & Co. boosted their price objective on Rexel from €25.00 ($25.77) to €26.50 ($27.32) and gave the stock an overweight rating in a research report on Friday. Exane BNP Paribas upgraded Rexel from a neutral rating to an outperform rating in a research report on Friday, July 8th.

Rexel Stock Performance

Shares of RXLSF stock opened at $16.58 on Monday. The business has a 50 day moving average of $17.49 and a two-hundred day moving average of $19.65. Rexel has a 52 week low of $14.68 and a 52 week high of $23.70.

Rexel Company Profile

(Get Rating)

Rexel SA, together with its subsidiaries, distributes electrical products and services for the residential, commercial, and industrial energy markets worldwide. 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.

See Also

The Fly logo

Want More Great Investing Ideas?

Receive News & Ratings for Rexel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rexel and related companies with's FREE daily email newsletter.