Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat reports. One investment 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 brokerages have recently weighed in on KNRRY. Citigroup reissued a “buy” rating on shares of Knorr-Bremse in a research report on Tuesday, July 7th. Morgan Stanley reiterated an “overweight” rating on shares of Knorr-Bremse in a research note on Tuesday, June 23rd.
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Knorr-Bremse Price Performance
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.
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