Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Shares of Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) have been given a consensus recommendation of “Moderate Buy” by the eight analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have given a buy recommendation to the company.

KNRRY has been the topic of several research reports. Citigroup reiterated a “buy” rating on shares of Knorr-Bremse in a research note on Tuesday, July 7th. Morgan Stanley restated an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday, June 23rd.

Knorr-Bremse Stock Performance

KNRRY stock opened at $30.89 on Friday. The firm has a 50 day simple moving average of $29.87 and a 200 day simple moving average of $29.51. Knorr-Bremse has a 52 week low of $22.62 and a 52 week high of $33.96. The stock has a market cap of $19.92 billion, a P/E ratio of 29.14, a P/E/G ratio of 0.98 and a beta of 0.31.

Knorr-Bremse Company Profile

Knorr-Bremse AG is a Germany-based manufacturer of braking and other safety-critical systems for rail vehicles and commercial vehicles. Founded in 1905 by Georg Knorr, the company has developed into an international supplier serving original-equipment manufacturers, rail operators and fleet customers.

Its rail vehicle business provides braking systems, doors, HVAC and other onboard systems, as well as control and service solutions for trains, metros, trams and other rail applications. Its commercial vehicle business supplies braking, steering, driver-assistance, vehicle-control and air-treatment systems for trucks, buses, trailers and other heavy-duty vehicles.

Knorr-Bremse operates across major transportation markets in Europe, North America, Asia and other regions, supporting customers through manufacturing, engineering, aftermarket services and maintenance activities.