Wienerberger (OTCMKTS:WBRBY) Shares Pass Above 50-Day Moving Average – What’s Next?

Wienerberger AG (OTCMKTS:WBRBY)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.83 and traded as high as $6.9090. Wienerberger shares last traded at $6.87, with a volume of 7,280 shares.

Analysts Set New Price Targets

Separately, UBS Group began coverage on Wienerberger in a research note on Tuesday, October 14th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Wienerberger currently has a consensus rating of “Buy”.

Wienerberger Price Performance

The stock has a 50-day moving average price of $6.83 and a 200 day moving average price of $6.68.

About Wienerberger

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.