Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $27.86 and last traded at $27.83, with a volume of 4035 shares trading hands. The stock had previously closed at $27.65.
Analysts Set New Price Targets
Several equities research analysts recently commented on KNRRY shares. Deutsche Bank Aktiengesellschaft raised Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. The Goldman Sachs Group raised shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, November 28th. Morgan Stanley upgraded shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. Barclays reaffirmed an “underweight” rating on shares of Knorr-Bremse in a research note on Wednesday, December 3rd. Finally, UBS Group raised shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Report on Knorr-Bremse
Knorr-Bremse Stock Up 0.4%
Knorr-Bremse Company Profile
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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