Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Stock Rated “Hold” by Sell-Side Analysts

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) has earned an average rating of “Hold” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have issued a buy recommendation on the company.

A number of equities analysts recently commented on the company. Citigroup restated a “buy” rating on shares of Knorr-Bremse in a report on Tuesday, July 7th. Zacks Research cut shares of Knorr-Bremse from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 30th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Knorr-Bremse in a research note on Tuesday, June 23rd.

Knorr-Bremse Trading Up 1.0%

Shares of OTCMKTS:KNRRY opened at $27.55 on Wednesday. The stock has a market capitalization of $17.76 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 0.90 and a beta of 0.38. The stock’s 50-day moving average price is $29.26 and its 200-day moving average price is $29.44. Knorr-Bremse has a 12-month low of $22.62 and a 12-month high of $33.96.

About Knorr-Bremse

Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety-critical systems for rail vehicles and commercial vehicles. The company supplies equipment to original equipment manufacturers and operators, with products designed to support vehicle control, safety, efficiency and passenger or driver comfort.

Its rail vehicle business offers braking systems, doors, entrance systems, climate-control equipment, automatic couplers, digital solutions and other components for trains, metros, trams and locomotives.