Geberit (OTCMKTS:GBERY) Trading Down 1.3% – Should You Sell?

Geberit AG (OTCMKTS:GBERY)’s stock price traded down 1.3% on Monday . The stock traded as low as $77.65 and last traded at $77.72. 10,667 shares were traded during mid-day trading, an increase of 33% from the average session volume of 8,003 shares. The stock had previously closed at $78.77.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Citigroup reaffirmed a “neutral” rating on shares of Geberit in a report on Tuesday, May 13th. Oddo Bhf raised Geberit to an “outperform” rating in a report on Monday, May 12th. Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a report on Wednesday, May 7th. Jefferies Financial Group raised Geberit to a “buy” rating in a report on Wednesday, May 14th. Finally, Sanford C. Bernstein began coverage on Geberit in a report on Tuesday, May 13th. They set an “underperform” rating on the stock. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Geberit currently has a consensus rating of “Hold”.

Geberit Stock Performance

The company has a 50-day moving average of $77.77 and a two-hundred day moving average of $70.02.

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.