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

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have received an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have assigned a buy recommendation to the company.

Several equities analysts have recently commented on KNRRY shares. UBS Group restated a “buy” rating on shares of Knorr-Bremse in a research report on Monday, February 23rd. The Goldman Sachs Group restated a “buy” rating on shares of Knorr-Bremse in a research report on Wednesday, February 25th. Citigroup upgraded shares of Knorr-Bremse from a “neutral” rating to a “buy” rating in a research report on Tuesday, May 19th. Finally, Zacks Research cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd.

Knorr-Bremse Stock Up 1.1%

Shares of KNRRY stock opened at $30.12 on Friday. The company has a 50-day simple moving average of $29.40 and a 200 day simple moving average of $28.83. Knorr-Bremse has a 52 week low of $22.62 and a 52 week high of $33.96.

Knorr-Bremse (OTCMKTS:KNRRY) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.30 billion. Equities research analysts predict that Knorr-Bremse will post 1.13 earnings per share for the current year.

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.