Geberit AG Announces Dividend of $0.81 (OTCMKTS:GBERY)

Geberit AG (OTCMKTS:GBERYGet Rating) declared a dividend on Thursday, April 14th, investing.com reports. Investors of record on Wednesday, April 20th will be given a dividend of 0.8132 per share on Friday, May 6th. This represents a yield of 1.4%. The ex-dividend date is Tuesday, April 19th.

GBERY stock opened at $57.96 on Thursday. The company’s fifty day simple moving average is $62.89 and its 200 day simple moving average is $71.61. Geberit has a 12-month low of $57.84 and a 12-month high of $84.67.

A number of equities research analysts recently weighed in on GBERY shares. Barclays lowered their target price on shares of Geberit from CHF 680 to CHF 650 in a report on Friday, January 14th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Geberit from CHF 565 to CHF 650 in a research report on Friday, January 14th. Two research analysts have rated the stock with a sell rating and six have given a hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $650.00.

Geberit Company Profile (Get Rating)

Geberit AG engages in the development, manufacture, and distribution of sanitary products and systems for the residential and industrial construction industry. It offers installation and flushing systems such as installation systems, cisterns and mechanisms; bathroom system such as bathroom ceramics and furniture, showers and bathtubs, taps and controls, and shower toilets; and piping systems such as building drainage and supply systems.

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