REXEL (RXEEY) Upgraded to “Neutral” at J P Morgan Chase & Co

J P Morgan Chase & Co upgraded shares of REXEL (NASDAQ:RXEEY) from an underweight rating to a neutral rating in a research note issued to investors on Monday.

Shares of REXEL (NASDAQ:RXEEY) remained flat at $17.25 on Monday. REXEL has a 52 week low of $13.82 and a 52 week high of $18.43. The firm’s 50 day moving average price is $16.86 and its 200-day moving average price is $16.58. The company has a market cap of $5.03 billion and a P/E ratio of 31.19.

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