Knorr-Bremse (OTCMKTS:KNRRY) Cut to “Hold” at Zacks Research

Zacks Research downgraded shares of Knorr-Bremse (OTCMKTS:KNRRY) from a strong-buy rating to a hold rating in a report issued on Tuesday morning,Zacks.com reports.

Several other research firms also recently weighed in on KNRRY. Barclays reaffirmed an “underweight” rating on shares of Knorr-Bremse in a research note on Wednesday, December 3rd. The Goldman Sachs Group upgraded Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. DZ Bank lowered shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. UBS Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a report on Monday, December 8th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Knorr-Bremse presently has a consensus rating of “Moderate Buy”.

Knorr-Bremse Stock Up 0.1%

Shares of KNRRY stock opened at $31.03 on Tuesday. The firm has a 50 day moving average of $28.16 and a 200-day moving average of $25.81. Knorr-Bremse has a 52 week low of $19.82 and a 52 week high of $31.64.

About Knorr-Bremse

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.