Geberit AG (OTCMKTS:GBERY) Given Consensus Rating of “Reduce” by Analysts

Shares of Geberit AG (OTCMKTS:GBERY) have received an average rating of “Reduce” from the eight brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company.

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

Geberit Price Performance

OTCMKTS:GBERY opened at $83.71 on Tuesday. The business has a 50 day moving average price of $78.93 and a 200-day moving average price of $77.03. Geberit has a fifty-two week low of $57.95 and a fifty-two week high of $84.30.

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.