Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $28.76, but opened at $30.21. Knorr-Bremse shares last traded at $30.21, with a volume of 603 shares.
Wall Street Analyst Weigh In
KNRRY has been the subject of several research reports. Morgan Stanley reissued an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday, June 23rd. Citigroup restated a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Knorr-Bremse has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on Knorr-Bremse
Knorr-Bremse Trading Up 1.0%
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.
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