Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Stock Now Rated “Hold” by Wall Street Analysts

by · The Markets Daily

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) has received an average rating of “Hold” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company.

KNRRY has been the subject of several research analyst reports. Zacks Research lowered Knorr-Bremse from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Morgan Stanley restated an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday, June 23rd. Finally, Citigroup reaffirmed a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th.

View Our Latest Analysis on KNRRY

Knorr-Bremse Trading Down 2.1%

Shares of Knorr-Bremse stock opened at $27.88 on Friday. The stock’s fifty day simple moving average is $29.82 and its 200 day simple moving average is $29.49. The company has a market capitalization of $17.98 billion, a PE ratio of 26.30, a PEG ratio of 0.94 and a beta of 0.38. Knorr-Bremse has a 12 month low of $22.62 and a 12 month high of $33.96.

Knorr-Bremse Company Profile

(Get Free Report)

Knorr-Bremse AG is a Germany-based manufacturer of braking and control systems for rail vehicles and commercial vehicles. The company develops safety-critical technologies designed to improve vehicle control, operational efficiency and passenger or driver safety.

Its Rail Vehicle Systems division supplies braking systems, doors, entrance systems, climate-control equipment and other components for high-speed trains, regional and commuter trains, metros, trams and locomotives. Its Commercial Vehicle Systems division provides braking systems, air-supply equipment, steering and driver-assistance technologies, and related control systems for trucks, buses, trailers and other commercial vehicles.

Founded in 1905 by Georg Knorr, the company serves transportation manufacturers, fleet operators and rail customers in markets around the world.

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