DZ Bank Downgrades Knorr-Bremse (OTCMKTS:KNRRY) to Hold

Knorr-Bremse (OTCMKTS:KNRRY) was downgraded by research analysts at DZ Bank from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

KNRRY has been the topic of a number of other reports. Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. The Goldman Sachs Group raised shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. UBS Group raised shares of Knorr-Bremse to a “strong-buy” rating in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft upgraded shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. Finally, Barclays reissued an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Knorr-Bremse presently has a consensus rating of “Moderate Buy”.

Knorr-Bremse Price Performance

Shares of KNRRY opened at $29.58 on Tuesday. The business’s 50 day moving average price is $27.52 and its 200-day moving average price is $25.57. Knorr-Bremse has a 52 week low of $18.72 and a 52 week high of $29.66.

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.