Knorr-Bremse (OTCMKTS:KNRRY) Shares Gap Up – What’s Next?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $31.36, but opened at $33.67. Knorr-Bremse shares last traded at $33.67, with a volume of 241 shares changing hands.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Morgan Stanley upgraded shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Zacks Research downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. Deutsche Bank Aktiengesellschaft upgraded Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. Finally, UBS Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Knorr-Bremse Stock Performance

The company’s fifty day moving average price is $29.19 and its two-hundred day moving average price is $26.24.

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.