Goldman Sachs Backs Geberit with $653 Price Target
Goldman Sachs has reaffirmed their Buy rating on Geberit AG (GEBN), setting a price target of CHF652.00 for the company.
The analyst's move comes after Geberit AG reported its latest earnings release, which saw a quarterly revenue of CHF1.5 billion and a net profit of CHF259.3 million for the quarter ending December 31.
Geberit AG's shares closed yesterday at CHF566.20.