Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Receives Average Recommendation of “Moderate Buy” from Brokerages

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) has earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company.

Several analysts have issued reports on KNRRY shares. Citigroup reissued a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Morgan Stanley reaffirmed an “overweight” rating on shares of Knorr-Bremse in a research report on Tuesday, June 23rd.

Knorr-Bremse Stock Performance

Shares of OTCMKTS:KNRRY opened at $30.89 on Friday. The firm has a 50 day simple moving average of $29.87 and a 200 day simple moving average of $29.51. Knorr-Bremse has a 52 week low of $22.62 and a 52 week high of $33.96. The company has a market cap of $19.92 billion, a PE ratio of 29.14, a price-to-earnings-growth ratio of 0.98 and a beta of 0.31.

About Knorr-Bremse

Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety-critical systems for rail vehicles and commercial vehicles. Founded in 1905 by Georg Knorr, the company has developed into an international supplier serving original-equipment manufacturers, rail operators and fleet customers.

Its rail vehicle business provides braking systems, doors, HVAC and other onboard systems, as well as control and service solutions for trains, metros, trams and other rail applications. Its commercial vehicle business supplies braking, steering, driver-assistance, vehicle-control and air-treatment systems for trucks, buses, trailers and other heavy-duty vehicles.

Knorr-Bremse operates across major transportation markets in Europe, North America, Asia and other regions, supporting customers through manufacturing, engineering, aftermarket services and maintenance activities.