Wienerberger AG (OTCMKTS:WBRBY – Get Rating) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a drop of 86.8% from the March 31st total of 3,800 shares. Based on an average daily volume of 13,200 shares, the short-interest ratio is presently 0.0 days.
A number of equities research analysts recently commented on the stock. UBS Group raised their price objective on shares of Wienerberger from €32.40 ($34.84) to €34.50 ($37.10) in a research report on Wednesday, January 26th. Morgan Stanley reduced their price objective on shares of Wienerberger from €38.00 ($40.86) to €37.00 ($39.78) and set an “equal weight” rating for the company in a research report on Monday, February 28th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Wienerberger from €42.00 ($45.16) to €35.00 ($37.63) in a research report on Wednesday, April 20th.
WBRBY stock opened at $5.70 on Thursday. The firm has a 50 day moving average of $5.97 and a 200-day moving average of $6.83. Wienerberger has a 12-month low of $5.15 and a 12-month high of $8.53.
Wienerberger Company Profile (Get Rating)
Wienerberger AG produces and sells bricks, roof tiles, concrete pavers, and pipe systems in Europe. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers clay blocks for exterior walls, load and non-load-bearing interior walls, and partition walls, as well as for infill and separating walls under the Porotherm and POROTON brand names; facing bricks for façades under the Terca brand, and ceramic façade tiles under the Argeton brand for hospitals, schools, factories, and offices; clay roof tiles under the Koramic, Sandtoft, and Tondach brands; vitrified clay pipes and fittings, shafts, and accessories for sewage systems; and concrete and clay pavements for various applications that include pedestrian zones, public spaces in train stations or airports, and private terraces or gardens under the Semmelrock brand name, as well as paving bricks and terrace tiles under the Penter brand.
- Get a free copy of the StockNews.com research report on Wienerberger (WBRBY)
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