Knorr-Bremse (OTCMKTS:KNRRY) Lowered to “Hold” Rating by Zacks Research

by · The Cerbat Gem

Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

KNRRY has been the subject of a number of other research reports. Morgan Stanley upgraded Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. Barclays reiterated an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. DZ Bank downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft upgraded Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. Finally, The Goldman Sachs Group raised shares of Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Knorr-Bremse currently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Knorr-Bremse

Knorr-Bremse Price Performance

Shares of OTCMKTS KNRRY opened at $30.99 on Tuesday. Knorr-Bremse has a 1 year low of $19.67 and a 1 year high of $31.64. The firm has a fifty day moving average price of $28.05 and a 200-day moving average price of $25.77.

Knorr-Bremse Company Profile

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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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