Knorr-Bremse (OTCMKTS:KNRRY) Cut to “Hold” at DZ Bank

DZ Bank cut shares of Knorr-Bremse (OTCMKTS:KNRRYFree Report) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

Several other equities analysts have also commented on the stock. Zacks Research upgraded shares of Knorr-Bremse from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. Deutsche Bank Aktiengesellschaft upgraded Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. Barclays reaffirmed an “underweight” rating on shares of Knorr-Bremse in a research note on Wednesday, December 3rd. Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. Finally, The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

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Knorr-Bremse Stock Performance

KNRRY opened at $29.58 on Tuesday. Knorr-Bremse has a twelve month low of $19.28 and a twelve month high of $29.77. The firm’s 50-day moving average price is $27.64 and its 200 day moving average price is $25.60.

Knorr-Bremse Company Profile

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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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Analyst Recommendations for Knorr-Bremse (OTCMKTS:KNRRY)

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