Knorr-Bremse - Unsponsored ADR (OTCMKTS:KNRRY) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Brokerages have assigned Knorr-Bremse an average recommendation of "Hold" based on eight analysts, with a split of 1 sell, 3 hold and 4 buy ratings.
• Recent analyst moves include downgrades by Zacks Research and DZ Bank from "strong-buy" to hold, while Citigroup stayed neutral and Goldman Sachs and UBS reaffirmed buy ratings.
• The ADR opened at $29.11, trading near its 50-day SMA ($29.98) and above its 200-day SMA ($27.92), with a 52-week range of $22.62 to $33.96.

Knorr-Bremse - Unsponsored ADR (OTCMKTS:KNRRY - Get Free Report) has been assigned an average recommendation of "Hold" from the eight brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company.

A number of equities analysts have recently weighed in on the company. Zacks Research lowered Knorr-Bremse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 3rd. DZ Bank lowered Knorr-Bremse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 27th. Citigroup reaffirmed a "neutral" rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Knorr-Bremse in a research note on Wednesday, February 25th. Finally, UBS Group reaffirmed a "buy" rating on shares of Knorr-Bremse in a research note on Monday, February 23rd.

Knorr-Bremse Price Performance

OTCMKTS:KNRRY opened at $29.11 on Wednesday. The stock has a 50-day simple moving average of $29.98 and a two-hundred day simple moving average of $27.92. Knorr-Bremse has a 52-week low of $22.62 and a 52-week high of $33.96.

Knorr-Bremse Company Profile

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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