Wienerberger AG (OTCMKTS:WBRBY – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.23 and traded as low as $4.1540. Wienerberger shares last traded at $4.29, with a volume of 17,966 shares.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. Citigroup downgraded Wienerberger from a “buy” rating to a “hold” rating in a research report on Tuesday, July 21st. BNP Paribas Exane lowered Wienerberger to a “neutral” rating in a research note on Friday, July 24th. Finally, Morgan Stanley cut Wienerberger to an “underweight” rating in a report on Wednesday, June 10th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Wienerberger currently has an average rating of “Reduce”.
View Our Latest Report on WBRBY
Wienerberger Stock Up 2.0%
Wienerberger (OTCMKTS:WBRBY – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.09). The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.62 billion.
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.
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