Geberit: UBS still a seller, but ups target

(CercleFinance.com) - UBS confirms its "sell" rating on the Geberit share, with a higher target price of 355 Swiss francs, vs.
330 Swiss francs, which means downside potential of 17% for the share of the Swiss manufacturer of sanitary systems.

After the group's trading u for its first quarter, the broker has raised its EPS estimates for Geberit by 2%-5%, but maintain its "sell" rating on the stock due to its valuation, which is considered high, while European construction markets are slowing down.

Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.