Geberit AG (OTCMKTS:GBERY) Receives Average Rating of “Reduce” from Brokerages

Geberit AG (OTCMKTS:GBERY) has earned an average recommendation of “Reduce” from the eight analysts that are presently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company.

A number of equities analysts have recently commented on the company. Morgan Stanley restated an “underweight” rating on shares of Geberit in a report on Friday. Citigroup restated a “neutral” rating on shares of Geberit in a report on Friday, November 14th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Geberit to a “hold” rating in a research note on Monday, December 8th.

Geberit Stock Performance

OTCMKTS:GBERY opened at $76.29 on Friday. Geberit has a twelve month low of $54.81 and a twelve month high of $81.47. The firm has a 50-day moving average price of $77.59 and a two-hundred day moving average price of $76.64.

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.