Morgan Stanley reissued their overweight rating on shares of Knorr-Bremse Aktiengesellschaft (OTCMKTS:KNRRY) in a research report sent to investors on Thursday, The Fly reports.
Several other equities analysts have also recently issued reports on the company. Stifel Nicolaus upgraded Knorr-Bremse Aktiengesellschaft from a hold rating to a buy rating in a research report on Tuesday, May 18th. Berenberg Bank reiterated a hold rating on shares of Knorr-Bremse Aktiengesellschaft in a research report on Friday, April 23rd. Societe Generale reiterated a buy rating on shares of Knorr-Bremse Aktiengesellschaft in a research report on Friday, March 5th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Knorr-Bremse Aktiengesellschaft in a research report on Monday, May 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Knorr-Bremse Aktiengesellschaft has an average rating of Hold.
Shares of KNRRY stock opened at $31.02 on Thursday. Knorr-Bremse Aktiengesellschaft has a 1 year low of $24.60 and a 1 year high of $35.82. The firm’s fifty day moving average price is $31.23.
Knorr-Bremse Aktiengesellschaft develops, produces, markets, and services braking and other systems for rail and commercial vehicles worldwide. It offers intelligence entrance, power electrics and control technology, digital solutions for optimization of rail traffic, couplers, signal systems, stationary and mobile testing equipment, wiper and wash systems, and sanitary systems for mass transit and long distance rail vehicles.
Further Reading: How is diluted EPS different from basic EPS?
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