Knorr-Bremse (OTCMKTS:KNRRY) Reaches New 52-Week High – Time to Buy?

Knorr-Bremse – Unsponsored ADR (OTCMKTS:KNRRY)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $28.01 and last traded at $28.0001, with a volume of 779 shares. The stock had previously closed at $27.73.

Analyst Ratings Changes

Several brokerages recently commented on KNRRY. Barclays reiterated an “underweight” rating on shares of Knorr-Bremse in a research note on Wednesday, December 3rd. Zacks Research raised Knorr-Bremse from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. The Goldman Sachs Group raised Knorr-Bremse to a “strong-buy” rating in a report on Friday, November 28th. UBS Group upgraded Knorr-Bremse to a “strong-buy” rating in a research note on Friday, October 31st. Finally, Morgan Stanley raised Knorr-Bremse from an “equal weight” rating to an “overweight” rating in a report on Monday, December 8th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Knorr-Bremse Price Performance

The business’s 50-day moving average is $25.26 and its two-hundred day moving average is $24.88.

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.