Knorr-Bremse Aktiengesellschaft (OTCMKTS:KNRRY) Receives New Coverage from Analysts at Citigroup

Citigroup assumed coverage on shares of Knorr-Bremse Aktiengesellschaft (OTCMKTS:KNRRY) in a report released on Tuesday morning, The Fly reports. The firm issued a neutral rating on the stock.

KNRRY has been the subject of a number of other research reports. Bank of America initiated coverage on Knorr-Bremse Aktiengesellschaft in a research report on Thursday, June 17th. They set a buy rating for the company. Societe Generale downgraded Knorr-Bremse Aktiengesellschaft from a buy rating to a hold rating in a research report on Thursday, July 1st. Berenberg Bank restated a hold rating on shares of Knorr-Bremse Aktiengesellschaft in a research report on Friday, August 27th. Morgan Stanley restated an equal weight rating on shares of Knorr-Bremse Aktiengesellschaft in a research report on Monday, August 16th. Finally, JPMorgan Chase & Co. reiterated a neutral rating on shares of Knorr-Bremse Aktiengesellschaft in a report on Friday, August 20th. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the company. According to MarketBeat, Knorr-Bremse Aktiengesellschaft has an average rating of Hold.

KNRRY stock opened at $28.84 on Tuesday. Knorr-Bremse Aktiengesellschaft has a twelve month low of $26.48 and a twelve month high of $35.82. The business has a fifty day moving average of $29.14 and a 200-day moving average of $30.36.

Knorr-Bremse Aktiengesellschaft Company Profile

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.

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