Geberit (OTCMKTS:GBERY) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Geberit (OTCMKTS:GBERY) to a hold rating in a research note released on Wednesday morning,Zacks.com reports.

Separately, Morgan Stanley reaffirmed an “underweight” rating on shares of Geberit in a research note on Friday, January 23rd. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

Geberit Stock Up 1.1%

Shares of GBERY opened at $65.09 on Wednesday. Geberit has a twelve month low of $64.26 and a twelve month high of $84.91. The firm’s 50 day moving average price is $68.81 and its two-hundred day moving average price is $75.05.

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.