TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Reece Limited ( (AU:REH) ).
Reece Limited’s 2025 Annual General Meeting highlighted the company’s strategic focus on operational excellence, innovation, and profitable growth, despite a challenging fiscal year with a slight decline in sales and earnings. The company executed a $365 million share buyback to return excess capital to shareholders while maintaining a strong balance sheet, and it is reshaping its Board to bring in new skills and expertise, ensuring long-term success and continuity.
The most recent analyst rating on (AU:REH) stock is a Hold with a A$12.30 price target. To see the full list of analyst forecasts on Reece Limited stock, see the AU:REH Stock Forecast page.
More about Reece Limited
Reece Group is a prominent distributor of plumbing, waterworks, and HVAC-R products, serving both commercial and residential customers through over 900 branches in Australia, New Zealand, and the United States. Established in 1920 and listed on the Australian Securities Exchange, the company employs approximately 9,000 people and is committed to building a better world for its customers.
Average Trading Volume: 1,952,699
Technical Sentiment Signal: Sell
Current Market Cap: A$6.56B
For detailed information about REH stock, go to TipRanks’ Stock Analysis page.