Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 18,018 shares changed hands during mid-day trading, an increase of 18% from the previous session’s volume of 15,320 shares.The stock last traded at $27.98 and had previously closed at $27.69.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on KNRRY shares. The Goldman Sachs Group reissued a “buy” rating on shares of Knorr-Bremse in a report on Wednesday, February 25th. Citigroup raised Knorr-Bremse from a “neutral” rating to a “buy” rating in a report on Tuesday, May 19th. Finally, UBS Group reissued a “buy” rating on shares of Knorr-Bremse in a report on Monday, February 23rd. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Knorr-Bremse has an average rating of “Moderate Buy”.
Get Our Latest Report on Knorr-Bremse
Knorr-Bremse Stock Up 0.6%
Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.01). The company had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $2.30 billion. On average, research analysts expect that Knorr-Bremse – Unsponsored ADR will post 1.13 EPS for the current year.
About Knorr-Bremse
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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