Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report)’s share price hit a new 52-week high during trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The company traded as high as $28.35 and last traded at $28.35, with a volume of 350 shares traded. The stock had previously closed at $27.83.
A number of other research analysts have also commented on KNRRY. Morgan Stanley upgraded shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft raised Knorr-Bremse from a “hold” rating to a “buy” rating in a report on Monday, December 8th. UBS Group raised Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st. Barclays reiterated an “underweight” rating on shares of Knorr-Bremse in a research note on Wednesday, December 3rd. Finally, The Goldman Sachs Group upgraded Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Three research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Knorr-Bremse has a consensus rating of “Buy”.
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Knorr-Bremse Price Performance
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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