REH Shares Reece Limited
BUY ASX · ASXQuality distribution franchise with cyclical recovery potential and solid long-term growth optionality.
Future value: $16.36 (-4.48%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Valuation support and improving sentiment favor a rebound setup.
- ▸Above 50-day MA (+2.15%)
- ▸Above 200-day MA — long-term uptrend
- ▸Near 52-week high (93% of range) — strength
- ▾Trading above its price target — limited upside
Is REH a buy right now?
Trend: REH is trading above the 50-day average (+3.13%), RSI 50 — neutral momentum, with a 3-month return of +7.49%.
Valuation & quality: Reece Limited trades on a trailing P/E of 34.6, forward P/E 28.2, price-to-book 2.84; fundamentals show net margin 3.3%, return on equity 7.9%, revenue growth 3.4% year on year.
Analyst consensus: 13 analysts have a mean 12-month price target of A$16.36 (-4.5% vs the last close; range A$10.50 – A$20.80), consensus rating “hold”.
Income: trailing dividend yield 1.08%.
Our screen: BUY (score 3) — Quality distribution franchise with cyclical recovery potential and solid long-term growth optionality.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -14.10% | +1.90% | +0.70% | +24.90% | -6.60% | +4.60% | +0.80% | +2.00% |
Fundamentals
Analyst price target
Technical signals
About Reece Limited
Reece Limited engages in the distribution of plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, New Zealand, and the United States.
Sector: Industrials · Industry: Industrial Distribution · Australia · 9,000 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.