Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) has earned an average rating of “Moderate Buy” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company.

KNRRY has been the topic of a number of research reports. The Goldman Sachs Group upgraded Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. Barclays reaffirmed an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. Zacks Research cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Finally, DZ Bank cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 27th.

Knorr-Bremse Stock Down 1.1%

OTCMKTS:KNRRY opened at $31.26 on Friday. Knorr-Bremse has a fifty-two week low of $19.82 and a fifty-two week high of $31.72. The company has a 50 day moving average price of $28.69 and a 200 day moving average price of $26.01.

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.