Knorr-Bremse (OTCMKTS:KNRRY) Stock Rating Upgraded by Zacks Research

Knorr-Bremse (OTCMKTS:KNRRY) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Other equities research analysts have also recently issued reports about the company. The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a research note on Friday, November 28th. Barclays reaffirmed an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. UBS Group raised Knorr-Bremse to a “strong-buy” rating in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. Three analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Knorr-Bremse Stock Up 2.5%

Shares of KNRRY opened at $29.09 on Monday. Knorr-Bremse has a 1 year low of $17.34 and a 1 year high of $29.13. The stock has a 50 day simple moving average of $25.84 and a two-hundred day simple moving average of $25.06.

About Knorr-Bremse

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.