Knorr-Bremse (OTCMKTS:KNRRY) Reaches New 1-Year High – Time to Buy?
by Scott Moore · The Cerbat GemKnorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $30.02 and last traded at $30.02, with a volume of 1077 shares. The stock had previously closed at $29.5270.
Analyst Upgrades and Downgrades
Several brokerages have commented on KNRRY. DZ Bank cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Morgan Stanley raised 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. Zacks Research raised Knorr-Bremse from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Finally, UBS Group upgraded Knorr-Bremse to a “strong-buy” rating in a report on Friday, October 31st. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Knorr-Bremse currently has an average rating of “Moderate Buy”.
View Our Latest Report on Knorr-Bremse
Knorr-Bremse Trading Up 1.4%
The stock has a 50-day simple moving average of $27.84 and a two-hundred day simple moving average of $25.69.
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.