With a more favourable environment, REECE improves to Slightly Positive
REECE (AU), a company active in the Building Materials & Fixtures industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 1 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date February 19, 2021, the closing price was AUD 16.52 and its potential was estimated at AUD 18.63.Reece is a supplier of plumbing and bathroom products with operations in Australia and New Zealand. Co.'s activities include importing, wholesaling, distribution, marketing and retailing. Co. supplies customers in the trade, retail, professional and commercial markets.
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