Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Given Average Recommendation of “Hold” by Brokerages

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have earned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company.

KNRRY has been the topic of several recent research reports. Zacks Research lowered shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Morgan Stanley upgraded shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. UBS Group reaffirmed a “buy” rating on shares of Knorr-Bremse in a report on Monday, February 23rd. DZ Bank lowered Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Finally, Citigroup restated a “neutral” rating on shares of Knorr-Bremse in a research report on Wednesday, February 25th.

Knorr-Bremse Trading Down 0.8%

KNRRY opened at $29.58 on Tuesday. The firm’s fifty day moving average price is $30.36 and its two-hundred day moving average price is $26.80. Knorr-Bremse has a fifty-two week low of $19.82 and a fifty-two week high of $33.96.

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.