Reece Limited
Reece Limited (REECF) Stock Overview
Explore Reece Limited’s financial performance, market position, analyst ratings, and future outlook.
REECF Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Reece Limited (REECF) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of F, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $17.27.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 24.30 and a market capitalization of 6.6B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
Reece Limited engages in the distribution of plumbing, bathroom, heating, ventilation, air-conditioning, waterworks, and refrigeration products in Australia, the United States, and New Zealand. The company also distributes irrigation and pools, fire, and kitchen products. It serves customers in the trade, retail, commercial, and infrastructure markets. It sells its products under the Reece, Viadux, Actrol, and Metaflex brands. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1919 and is based in Cremorne, Australia.
Peter J. Wilson (Melb), FAIM
18,000
57 Balmain Street, Cremorne, VIC
2023