REXEL SA PARIS Stock Rating Upgraded by Berenberg Bank (RXLSF)
REXEL SA PARIS (NASDAQ:RXLSF) was upgraded by stock analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a report issued on Monday, American Banking & Market News reports. The firm currently has a $24.00 price objective on the stock, up from their previous price objective of $20.20. Berenberg Bank’s target price would suggest a potential downside of 4.53% from the stock’s previous close.
REXEL SA PARIS (NASDAQ:RXLSF) remained flat at $25.1387 during during mid-day trading trading on Monday. REXEL SA PARIS has a 52 week low of $22.07 and a 52 week high of $25.14. The stock’s 50-day moving average is $23.21 and its 200-day moving average is $22.3.
Separately, analysts at Natixis raised their price target on shares of REXEL SA PARIS from $17.00 to $18.00 in a research note to investors on Friday, September 27th. They now have a “neutral” rating on the stock.
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