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

Geberit AG (OTCMKTS:GBERY) has been given an average recommendation of “Hold” by the seven ratings firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company.

GBERY has been the topic of several research reports. Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft raised Geberit to a “hold” rating in a research report on Monday, December 8th.

Geberit Trading Up 1.7%

Shares of OTCMKTS GBERY opened at $71.09 on Friday. Geberit has a 1 year low of $58.94 and a 1 year high of $84.91. The company’s 50-day moving average is $78.67 and its 200 day moving average is $77.05.

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.