Accueil > Actualité
Actualite financiere : Actualite bourse

Geberit: Barclays starts monitoring with underweight rating

(CercleFinance.com) - Barclays has begun to monitor the Geberit share with an "underweight" recommendation and a target price of 410 Swiss francs, deeming that the share price's performance "is fuelled by a flight to quality increasingly disconnected from fundamentals".


In its note, the broker acknowledges that the Swiss manufacturer of sanitary systems "offers defensive end-market exposure and an excellent track record of organic revenue growth, margin stability and cash generation".

However, Barclays believes that investors are neglecting risks related to organic growth prospects and demanding expectations. It thus sees "earnings risk on a 12-month view as the main catalyst".


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.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.