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Deutsche Bank Sticks to Its Buy Rating for Knorr-Bremse AG (KBX)

Tipranks - Tipranks - Sat Feb 21, 6:44AM CST

In a report released today, Gael De-Bray from Deutsche Bank maintained a Buy rating on Knorr-Bremse AG, with a price target of €115.00.

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According to TipRanks, De-Bray is a 5-star analyst with an average return of 20.2% and a 64.39% success rate. De-Bray covers the Industrials sector, focusing on stocks such as Siemens Energy, Schneider Electric, and KION GROUP AG.

In addition to Deutsche Bank , Knorr-Bremse AG also received a Buy from UBS’s Sven Weier in a report issued yesterday. However, on the same day, Warburg Research maintained a Hold 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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