Geberit AG (OTCMKTS:GBERY) Receives Average Recommendation of “Reduce” from Analysts

Shares of Geberit AG (OTCMKTS:GBERY) have received a consensus recommendation of “Reduce” from the six research firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company.

Several research analysts have recently weighed in on the company. Oddo Bhf raised Geberit to an “outperform” rating in a research note on Monday, May 12th. Barclays reissued an “underweight” rating on shares of Geberit in a report on Friday, March 7th. Jefferies Financial Group raised shares of Geberit to a “buy” rating in a report on Wednesday, May 14th. Citigroup reiterated a “neutral” rating on shares of Geberit in a research report on Tuesday, May 13th. Finally, Morgan Stanley reissued an “underweight” rating on shares of Geberit in a research note on Wednesday, May 7th.

Geberit Trading Down 0.8%

Geberit stock opened at $78.30 on Thursday. The business’s 50-day simple moving average is $74.07 and its two-hundred day simple moving average is $64.90. Geberit has a fifty-two week low of $53.38 and a fifty-two week high of $79.67.

Geberit Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 9th. Stockholders of record on Thursday, April 24th were paid a $0.873 dividend. This is a boost from Geberit’s previous dividend of $0.86. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend was Wednesday, April 23rd. Geberit’s dividend payout ratio (DPR) is presently 35.40%.

Geberit Company Profile

Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry in Switzerland and internationally. The company offers installation and flushing systems, such as installation technology and flushing systems for toilets, including cisterns and fittings; and piping systems consisting of building drainage and supply systems, as well as piping technology for use in buildings for drinking water, heating, gas, and other media.