Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) has been given an average recommendation of “Moderate Buy” by the eight research firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company.
A number of research analysts recently commented on KNRRY shares. The Goldman Sachs Group reissued a “buy” rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. Citigroup raised Knorr-Bremse from a “neutral” rating to a “buy” rating in a research note on Tuesday, May 19th. Finally, UBS Group reissued a “buy” rating on shares of Knorr-Bremse in a research note on Monday, February 23rd.
Get Our Latest Analysis on KNRRY
Knorr-Bremse Stock Down 0.9%
Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The company had revenue of $2.28 billion during the quarter, compared to analyst estimates of $2.30 billion. As a group, equities analysts anticipate that Knorr-Bremse will post 1.13 earnings per share for the current year.
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.
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