Reece Ltd traded at 16.21 this Friday June 19th, increasing 0.22 or 1.38 percent since the previous trading session. Looking back, over the last four weeks, Reece gained 19.45 percent. Over the last 12 months, its price rose by 0.06 percent. Looking ahead, we forecast Reece Ltd to be priced at 15.88 by the end of this quarter and at 14.95 in one year, according to Trading Economics global macro models projections and analysts expectations.
Reece Limited is an Australia-based distributor of plumbing, waterworks and heating, ventilation, air conditioning and refrigeration (HVAC-R) products. The Company operates through two geographical segments: Australia and New Zealand (ANZ) and United States of America (United States). Its plumbing and bathroom products are sourced both locally and internationally. Its bathroom and kitchen products include tapware and accessories, toilets, basins, showers, vanities and furniture, baths, and spas, sinks and troughs, bathroom, and kitchen appliances. Its plumbing products include piping and fittings, hot water systems, tools, valves, roofing, toilets, tapware, and wastes. Its civil products include pipe and fittings, valves, sewer and drainage, electrical pipe and fittings, fire, and water tanks. It distributes products to commercial and residential customers through approximately 900 branches in Australia, New Zealand, and the United States.