Geberit AG (OTCMKTS:GBERY) Receives Consensus Recommendation of “Reduce” from Brokerages

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

Several brokerages have issued reports on GBERY. Deutsche Bank Aktiengesellschaft upgraded Geberit to a “hold” rating in a report on Monday, December 8th. Citigroup reissued a “neutral” rating on shares of Geberit in a research note on Friday, November 14th.

Geberit Stock Performance

GBERY opened at $76.04 on Friday. Geberit has a 12 month low of $54.51 and a 12 month high of $81.47. The company has a fifty day simple moving average of $77.64 and a 200 day simple moving average of $76.64.

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.