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

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have received an average recommendation of “Hold” from the eight research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company.

A number of research firms have issued reports on KNRRY. UBS Group reaffirmed a “buy” rating on shares of Knorr-Bremse in a report on Monday, February 23rd. Zacks Research cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Knorr-Bremse in a report on Wednesday, February 25th. Citigroup reaffirmed a “neutral” rating on shares of Knorr-Bremse in a report on Wednesday, February 25th. Finally, DZ Bank cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th.

Knorr-Bremse Trading Up 6.1%

OTCMKTS KNRRY opened at $30.53 on Friday. The company has a 50 day moving average price of $30.22 and a 200 day moving average price of $27.26. Knorr-Bremse has a 52 week low of $20.32 and a 52 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.