Rexel (OTCMKTS:RXEEY) Upgraded at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Rexel (OTCMKTS:RXEEY) from a market perform rating to an outperform rating in a research note released on Monday morning, Marketbeat.com reports.

Rexel Price Performance

RXEEY opened at $25.69 on Monday. The company’s 50 day moving average is $26.59 and its 200 day moving average is $26.73. Rexel has a 12-month low of $22.88 and a 12-month high of $31.35.

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.