Knorr-Bremse (OTCMKTS:KNRRY) Trading Down 0.6%

Shares of Knorr-Bremse AG (OTCMKTS:KNRRY – Get Rating) fell 0.6% during trading on Monday . The company traded as low as $18.25 and last traded at $18.30. 5,297 shares were traded during trading, a decline of 86% from the average session volume of 37,504 shares. The stock had previously closed at $18.41.

Analysts Set New Price Targets

A number of brokerages have commented on KNRRY. Deutsche Bank Aktiengesellschaft downgraded shares of Knorr-Bremse from a “buy” rating to a “hold” rating in a research note on Friday, March 3rd. Societe Generale downgraded shares of Knorr-Bremse from a “buy” rating to a “hold” rating in a research note on Wednesday, April 12th. Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Knorr-Bremse has an average rating of “Hold” and an average target price of $68.43.

Knorr-Bremse Trading Down 0.6 %

The firm’s 50 day moving average is $16.90 and its two-hundred day moving average is $15.81.

Knorr-Bremse Company Profile

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Knorr-Bremse AG engages in the manufacture and sale of braking systems for rail and commercial vehicles. It operates through the Rail Vehicle Systems and Commercial Vehicle Systems segments. The Rail Vehicle Systems segment supplies products and services for local public transport vehicles, such as metros, light rail vehicles (LRV), freight cars, locomotives, regional and high-speed trains, and monorails.