Warburg Research Sticks to Its Hold Rating for Knorr-Bremse AG (KBX)
Warburg Research analyst Fabio Holscher maintained a Hold rating on Knorr-Bremse AG today and set a price target of €99.00.
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According to TipRanks, Holscher is a 4-star analyst with an average return of 11.5% and a 74.75% success rate.
In addition to Warburg Research, Knorr-Bremse AG also received a Hold from J.P. Morgan’s Akash Gupta in a report issued today. However, on the same day, Jefferies maintained a Buy rating on Knorr-Bremse AG (XETRA: KBX).
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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