Knorr-Bremse (OTCMKTS:KNRRY) Reaches New 12-Month High – Still a Buy?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRYGet Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $32.64 and last traded at $32.55, with a volume of 1000 shares changing hands. The stock had previously closed at $31.35.

Analysts Set New Price Targets

A number of research firms have issued reports on KNRRY. DZ Bank downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Barclays reissued an “underweight” rating on shares of Knorr-Bremse in a report on Wednesday, December 3rd. Zacks Research downgraded shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. The Goldman Sachs Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Finally, Morgan Stanley raised shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 8th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on KNRRY

Knorr-Bremse Trading Up 3.2%

The company has a 50-day moving average price of $29.08 and a two-hundred day moving average price of $26.20.

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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