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

Knorr-Bremse (OTCMKTS:KNRRY) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Monday,Zacks.com reports.

Other research analysts also recently issued research reports about the stock. UBS Group raised shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, October 31st. Barclays reissued an “underweight” rating on shares of Knorr-Bremse in a research report on Thursday, July 10th. Citigroup reissued a “neutral” rating on shares of Knorr-Bremse in a research report on Tuesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Knorr-Bremse in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Knorr-Bremse Price Performance

Shares of KNRRY stock opened at $22.62 on Monday. The firm has a fifty day moving average of $23.97 and a 200-day moving average of $24.59. Knorr-Bremse has a 12-month low of $17.34 and a 12-month high of $27.02.

Knorr-Bremse Company Profile

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.