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

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

KNRRY has been the subject of several recent analyst reports. Morgan Stanley raised shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Zacks Research lowered Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. UBS Group upgraded Knorr-Bremse to a “strong-buy” rating in a research report on Friday, October 31st. The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th.

Knorr-Bremse Trading Up 3.9%

KNRRY opened at $32.58 on Friday. The company has a 50 day simple moving average of $29.19 and a two-hundred day simple moving average of $26.24. Knorr-Bremse has a 1-year low of $19.82 and a 1-year high of $32.64.

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.