Knorr-Bremse (OTCMKTS:KNRRY) Sets New 1-Year High – Time to Buy?

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) hit a new 52-week high on Monday . The stock traded as high as $31.6750 and last traded at $31.6750, with a volume of 3252 shares traded. The stock had previously closed at $31.58.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Morgan Stanley raised shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. The Goldman Sachs Group raised shares of Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Deutsche Bank Aktiengesellschaft raised shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. UBS Group upgraded Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st. Finally, DZ Bank downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Knorr-Bremse Stock Performance

The stock has a 50-day moving average of $28.36 and a 200 day moving average of $25.89.

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.