Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY – Get Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $28.28, but opened at $29.5065. Knorr-Bremse shares last traded at $29.5065, with a volume of 1,499 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on KNRRY. Citigroup raised Knorr-Bremse from a “neutral” rating to a “buy” rating in a report on Tuesday, May 19th. Morgan Stanley reissued an “overweight” rating on shares of Knorr-Bremse in a report on Tuesday, June 23rd. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on Knorr-Bremse
Knorr-Bremse Stock Performance
Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.01). The business had revenue of $2.28 billion for the quarter, compared to the consensus estimate of $2.30 billion. Research analysts expect that Knorr-Bremse – Unsponsored ADR will post 1.19 earnings per share 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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