Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $31.36, but opened at $33.67. Knorr-Bremse shares last traded at $33.67, with a volume of 241 shares traded.
Analysts Set New Price Targets
Several brokerages have issued reports on KNRRY. Zacks Research cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft raised shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. The Goldman Sachs Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. Morgan Stanley upgraded shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Finally, Barclays reissued an “underweight” rating on shares of Knorr-Bremse in a research note on Wednesday, December 3rd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Knorr-Bremse
Knorr-Bremse Stock Performance
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.
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