Geberit AG (OTCMKTS:GBERY) Receives Average Recommendation of “Reduce” from Analysts

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

A number of analysts have recently commented on GBERY shares. Deutsche Bank Aktiengesellschaft raised shares of Geberit to a “hold” rating in a research report on Monday, December 8th. Morgan Stanley reiterated an “underweight” rating on shares of Geberit in a research note on Friday, January 23rd. Finally, Citigroup restated a “neutral” rating on shares of Geberit in a research note on Friday, November 14th.

Geberit Stock Performance

OTCMKTS GBERY opened at $77.21 on Friday. The stock’s 50 day moving average price is $77.69 and its two-hundred day moving average price is $76.63. Geberit has a 52 week low of $54.81 and a 52 week high of $81.47.

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.