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Ord Minnett upgrades Reece Limited (REECF) to a Buy

Ord Minnett upgrades Reece Limited (REECF) to a Buy

Ord Minnett analyst James Casey upgraded Reece Limited (REECF – Research Report) to a Buy today and set a price target of A$18.40. The company's shares closed last Friday at $10.29.
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Casey covers the Consumer Cyclical sector, focusing on stocks such as ARB Corporation , Breville Group , and Adairs Ltd.. According to TipRanks, Casey has an average return of -1.9% and a 43.06% success rate on recommended stocks.
In addition to Ord Minnett, Reece Limited also received a Buy from Bank of America Securities's Shaurya Visen in a report issued on June 27. However, today, UBS maintained a Sell rating on Reece Limited (Other OTC: REECF).
The company has a one-year high of $19.50 and a one-year low of $10.29. Currently, Reece Limited has an average volume of 3,542.
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