Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Given Consensus Rating of “Buy” by Brokerages

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have been given an average recommendation of “Buy” by the eight brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company.

Several brokerages have recently commented on KNRRY. The Goldman Sachs Group raised shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. Deutsche Bank Aktiengesellschaft raised Knorr-Bremse from a “hold” rating to a “buy” rating in a report on Monday, December 8th. Barclays reiterated an “underweight” rating on shares of Knorr-Bremse in a report on Wednesday, December 3rd. Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 8th. Finally, UBS Group upgraded Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st.

Knorr-Bremse Trading Down 0.8%

OTCMKTS KNRRY opened at $28.97 on Monday. Knorr-Bremse has a 12 month low of $18.46 and a 12 month high of $29.41. The company’s fifty day moving average price is $27.21 and its two-hundred day moving average price is $25.48.

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.