Geberit AG (OTCMKTS:GBERY) Given Average Rating of “Reduce” by Brokerages

Geberit AG (OTCMKTS:GBERY) has received a consensus recommendation of “Reduce” from the eight analysts that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.

A number of analysts have weighed in on the stock. Citigroup reissued a “neutral” rating on shares of Geberit in a report on Friday, November 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Geberit to a “hold” rating in a research note on Monday, December 8th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a report on Friday, January 23rd.

Geberit Stock Down 1.3%

Shares of OTCMKTS GBERY opened at $82.42 on Tuesday. Geberit has a 12 month low of $57.95 and a 12 month high of $83.98. The business’s 50 day moving average is $78.81 and its two-hundred day moving average is $76.99.

Geberit Company Profile

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.