Rexel's Stock Hits Record Highs Following Strong 2025 Results
This Thursday, Rexel's stock reached a historical high of 38.47 euros, driven by the announcement of annual results that exceeded expectations and an upgraded target price by Goldman Sachs. The stock rose over 2% at the start of the session, continuing a bullish trend that has been in place for several months.
Annual Financial Performance and Strategic Expansions
The global distributor of energy products and services unveiled its 2025 annual accounts on Wednesday, reporting a 2.5% increase in revenue and an EBITA margin raised to 6.0%. The company met or exceeded all its targets for the fiscal year, despite a challenging macroeconomic environment. The sequential improvement in growth over the quarters is a positive signal regarding the operational trajectory of the group. Concurrently, Rexel has strengthened its logistics infrastructure in the Île-de-France region. The distributor expanded its operational surface at the ARGAN site in Roissy-en-Brie from 18,000 to 27,000 square meters. This capacity increase on a strategic platform in the eastern suburbs reflects the group's intention to consolidate its supply chain in France.
Technical Analysis and Market Response
Technically, the price of 38.47 euros significantly exceeds the resistance level previously set at 37.76 euros, a meaningful breakthrough that may potentially pave the way for an extension of the bullish movement. The RSI, at 74, indicates that the stock is now trading above the overbought threshold of 70, suggesting intense buying pressure but also calling for caution regarding the ability of the stock price to sustain these levels. The three-month performance has reached 28.36%, while the annual increase is nearly 49%. This new historical peak coincides with the target price upgrade by Goldman Sachs this Thursday, which raised its forecast from 38 to 40 euros while maintaining a 'buy' recommendation. Based on the current price, this new target represents an approximate 4% upside potential.
