Geberit AG (OTCMKTS:GBERY) Given Average Recommendation of “Reduce” by Analysts

Geberit AG (OTCMKTS:GBERY) has been assigned an average rating of “Reduce” from the eight ratings firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company.

A number of research firms recently weighed in on GBERY. Citigroup reissued a “neutral” rating on shares of Geberit in a report on Friday, November 14th. Deutsche Bank Aktiengesellschaft raised shares of Geberit to a “hold” rating in a research note on Monday, December 8th.

Geberit Stock Performance

OTCMKTS GBERY opened at $78.50 on Monday. The business has a 50 day simple moving average of $77.11 and a two-hundred day simple moving average of $76.57. Geberit has a 1-year low of $53.38 and a 1-year high of $81.47.

About Geberit

Geberit AG is a Swiss-based manufacturer specializing in sanitary products and systems for residential, commercial and industrial applications. Headquartered in Rapperswil-Jona, Switzerland, the company develops and supplies installation systems, bathroom ceramics, faucets and piping solutions. Its product range encompasses concealed cisterns, flush plates, wall-hung toilets, washbasins, shower trays and underfloor heating systems, complemented by digital bathroom controls and smart water management technologies.

Founded in 1874, Geberit evolved from a regional metalworking business into a global market leader in sanitary technology.