Knorr-Bremse (OTCMKTS:KNRRY) Cut to “Hold” at DZ Bank

Knorr-Bremse (OTCMKTS:KNRRYGet Free Report) was downgraded by equities researchers at DZ Bank from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other brokerages have also recently commented on KNRRY. UBS Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, October 31st. Zacks Research raised shares of Knorr-Bremse from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. Barclays reissued an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. Finally, Deutsche Bank Aktiengesellschaft raised shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a report on Monday, December 8th. Three investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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Knorr-Bremse Trading Up 0.4%

Shares of Knorr-Bremse stock opened at $29.10 on Tuesday. The business’s 50 day simple moving average is $27.42 and its 200-day simple moving average is $25.55. Knorr-Bremse has a twelve month low of $18.46 and a twelve month high of $29.41.

About Knorr-Bremse

(Get Free Report)

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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