Knorr-Bremse (OTCMKTS:KNRRY) Shares Gap Up – Time to Buy?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY) shares gapped up before the market opened on Friday . The stock had previously closed at $31.36, but opened at $33.67. Knorr-Bremse shares last traded at $33.67, with a volume of 241 shares.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. The Goldman Sachs Group upgraded Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. DZ Bank downgraded shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft upgraded shares of Knorr-Bremse from a “hold” rating to a “buy” rating in a research note on Monday, December 8th. Morgan Stanley raised shares of Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 8th. Finally, Zacks Research cut shares of Knorr-Bremse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Knorr-Bremse currently has a consensus rating of “Moderate Buy”.

Knorr-Bremse Price Performance

The business has a 50 day moving average price of $29.19 and a 200 day moving average price of $26.24.

Knorr-Bremse Company Profile

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.