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J.P. Morgan Keeps Their Hold Rating on Knorr-Bremse AG (KBX)

Tipranks - Tipranks - Fri Feb 20, 2:44AM CST

In a report released today, Akash Gupta from J.P. Morgan maintained a Hold rating on Knorr-Bremse AG, with a price target of €94.70.

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According to TipRanks, Gupta is an analyst with an average return of -4.2% and a 52.99% success rate. Gupta covers the Industrials sector, focusing on stocks such as Vestas Wind Systems, Wartsila Oyj Abp, and GEA Group AG.

In addition to J.P. Morgan, Knorr-Bremse AG also received a Hold from Warburg Research’s Fabio Holscher in a report issued today. However, on February 4, Jefferies maintained a Buy rating on Knorr-Bremse AG (XETRA: KBX).

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Based on Knorr-Bremse AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of €1.88 billion and a net profit of €143 million. In comparison, last year the company earned a revenue of €1.91 billion and had a net profit of €129.94 million

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