Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have received an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of research firms recently weighed in on KNRRY. The Goldman Sachs Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. UBS Group raised Knorr-Bremse to a “strong-buy” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft raised Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. Zacks Research raised Knorr-Bremse from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Finally, Barclays reiterated an “underweight” rating on shares of Knorr-Bremse in a report on Wednesday, December 3rd.

Knorr-Bremse Trading Up 0.4%

Shares of KNRRY opened at $27.87 on Thursday. The business’s fifty day moving average is $24.97 and its 200 day moving average is $24.82. Knorr-Bremse has a 12-month low of $17.34 and a 12-month high of $27.90.

Knorr-Bremse Company Profile

Knorr-Bremse AG is a Munich-based engineering company that specializes in braking systems and other critical subsystems for rail and commercial vehicles. Founded in 1905 by Georg Knorr, the firm has grown into a global leader in rail technology and commercial vehicle solutions. Its expertise spans safety-related systems designed to optimize performance, energy efficiency, and passenger comfort across a broad range of transport applications.

The company’s operations are organized into two primary business segments: Railway Systems and Commercial Vehicle Systems.