Knorr-Bremse (OTCMKTS:KNRRY) Sets New 1-Year High – What’s Next?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY)’s share price reached a new 52-week high on Tuesday . The company traded as high as $28.01 and last traded at $28.0001, with a volume of 779 shares trading hands. The stock had previously closed at $27.73.

Analyst Ratings Changes

A number of research firms have recently weighed in on KNRRY. UBS Group raised shares of Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st. Barclays restated an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Finally, Zacks Research upgraded Knorr-Bremse from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Knorr-Bremse presently has a consensus rating of “Moderate Buy”.

Knorr-Bremse Stock Performance

The stock’s 50-day moving average is $25.26 and its 200-day moving average is $24.88.

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.