Geberit AG (OTCMKTS:GBERY – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $65.5930, but opened at $70.65. Geberit shares last traded at $70.75, with a volume of 1,111 shares trading hands.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on GBERY shares. Morgan Stanley restated an “underweight” rating on shares of Geberit in a research report on Thursday, July 2nd. Zacks Research upgraded Geberit to a “hold” rating in a research note on Wednesday, May 13th. Four analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Geberit has an average rating of “Reduce”.
Get Our Latest Analysis on Geberit
Geberit Stock Up 9.2%
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.
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