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

Zacks Research cut shares of Knorr-Bremse (OTCMKTS:KNRRYFree Report) from a strong-buy rating to a hold rating in a research note published on Tuesday,Zacks.com reports.

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

Check Out Our Latest Stock Analysis on KNRRY

Knorr-Bremse Stock Up 3.1%

OTCMKTS:KNRRY opened at $30.99 on Tuesday. Knorr-Bremse has a twelve month low of $19.67 and a twelve month high of $31.64. The stock’s 50-day simple moving average is $28.05 and its 200 day simple moving average is $25.77.

About Knorr-Bremse

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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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Analyst Recommendations for Knorr-Bremse (OTCMKTS:KNRRY)

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