Knorr-Bremse (OTCMKTS:KNRRY) Sets New 52-Week High – Should You Buy?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRYGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as $30.02 and last traded at $30.02, with a volume of 1077 shares. The stock had previously closed at $29.5270.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on KNRRY shares. The Goldman Sachs Group raised shares of Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. Morgan Stanley upgraded shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Barclays reissued an “underweight” rating on shares of Knorr-Bremse in a research report on Wednesday, December 3rd. Zacks Research upgraded shares of Knorr-Bremse from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 5th. Finally, UBS Group upgraded shares of Knorr-Bremse to a “strong-buy” rating in a research report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Read Our Latest Research Report on KNRRY

Knorr-Bremse Trading Up 1.4%

The stock’s fifty day moving average price is $27.84 and its 200-day moving average price is $25.69.

Knorr-Bremse Company Profile

(Get Free Report)

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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