Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) has received a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat reports. One 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.
KNRRY has been the topic of several recent research reports. The Goldman Sachs Group restated a “buy” rating on shares of Knorr-Bremse in a research report on Wednesday, February 25th. Zacks Research downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 3rd. Citigroup upgraded Knorr-Bremse from a “neutral” rating to a “buy” rating in a research report on Tuesday. UBS Group restated a “buy” rating on shares of Knorr-Bremse in a research report on Monday, February 23rd. Finally, DZ Bank downgraded Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th.
Read Our Latest Report on KNRRY
Knorr-Bremse Trading Down 2.8%
Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The business had revenue of $2.28 billion during the quarter, compared to the consensus estimate of $2.30 billion. 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.
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