Berenberg Bank Reaffirms “Hold” Rating for KNORR-BREMSE AG/ADR (OTCMKTS:KNRRY)
Berenberg Bank reiterated their hold rating on shares of KNORR-BREMSE AG/ADR (OTCMKTS:KNRRY) in a research note published on Monday morning, The Fly reports.
Several other research firms have also issued reports on KNRRY. JPMorgan Chase & Co. restated a neutral rating on shares of KNORR-BREMSE AG/ADR in a research note on Tuesday, July 28th. Deutsche Bank reiterated a hold rating on shares of KNORR-BREMSE AG/ADR in a research note on Thursday, July 23rd. UBS Group reiterated a buy rating on shares of KNORR-BREMSE AG/ADR in a research note on Friday, July 17th. Morgan Stanley reiterated an overweight rating on shares of KNORR-BREMSE AG/ADR in a research note on Wednesday, July 8th. Finally, DZ Bank reiterated a buy rating on shares of KNORR-BREMSE AG/ADR in a research note on Friday, July 17th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of Buy.
OTCMKTS:KNRRY opened at $29.96 on Monday. The stock’s 50 day moving average price is $30.43 and its two-hundred day moving average price is $25.92. KNORR-BREMSE AG/ADR has a 12-month low of $19.85 and a 12-month high of $32.40.
Knorr-Bremse Aktiengesellschaft develops, produces, markets, and services braking systems for rail and commercial vehicles worldwide. The company also provides entrance systems, HVAC systems, control components and windscreen wiper systems, platform screen doors, friction material, simulators, driver assistance systems, power supply systems, and control technology products; and torsional vibration dampers and powertrain-related solutions for diesel engines.
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