Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have earned a consensus rating of “Hold” from the eight research firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company.

Separately, Zacks Research downgraded shares of Knorr-Bremse from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 30th.

Knorr-Bremse Price Performance

Shares of KNRRY traded up $0.04 during midday trading on Friday, reaching $27.23. 15,031 shares of the stock were exchanged, compared to its average volume of 48,320. Knorr-Bremse has a twelve month low of $23.59 and a twelve month high of $33.96. The company has a market capitalization of $17.56 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 0.99 and a beta of 0.56. The business’s 50-day moving average price is $28.12 and its 200 day moving average price is $29.38.

Knorr-Bremse (OTCMKTS:KNRRY) last announced its earnings results on Thursday, October 29th. The company reported $0.31 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.31. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.38 billion. Knorr-Bremse had a return on equity of 19.26% and a net margin of 7.72%. As a group, equities research analysts expect that Knorr-Bremse will post 1.15 earnings per share for the current fiscal year.

Knorr-Bremse Company Profile

Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety systems for rail vehicles and commercial vehicles. Founded by Georg Knorr in Berlin in 1905, the company is headquartered in Munich and supplies vehicle manufacturers and operators around the world. Its rail-vehicle products include braking systems, doors, air-conditioning and power-supply systems, and control and monitoring technologies. For commercial vehicles, Knorr-Bremse provides braking and air-treatment systems, driver-assistance technologies, and related control and steering products.