Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have been assigned an average rating of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company.

Several analysts have recently commented on KNRRY shares. Morgan Stanley reiterated an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday. Citigroup upgraded shares of Knorr-Bremse from a “neutral” rating to a “buy” rating in a report on Tuesday, May 19th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Knorr-Bremse in a report on Wednesday, February 25th.

Knorr-Bremse Trading Down 2.8%

KNRRY opened at $28.57 on Thursday. The company’s fifty day moving average price is $29.49 and its two-hundred day moving average price is $29.40. Knorr-Bremse has a 1-year low of $22.62 and a 1-year high of $33.96. The company has a market cap of $18.42 billion and a price-to-earnings ratio of 102.04.

Knorr-Bremse (OTCMKTS:KNRRY) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $2.28 billion for the quarter, compared to analysts’ expectations of $2.30 billion. As a group, equities analysts forecast that Knorr-Bremse will post 1.13 earnings per share for the current fiscal year.

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.