Geberit: UBS still neutral

(CercleFinance.com) - UBS remains neutral on the stock and confirms its price target of 520 CHF, which represents a SMALL downside potential of -2%.


"A flattish organic growth year, higher taxes and slightly lower margins suggest a modest decline in FY24E EPS; likely negative Q1 volumes ahead", UBS says.

Geberit expects the construction sector to continue to decline this year, pointing to macroeconomic conditions and geopolitical risks.


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