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Berenberg Bank Sticks to Its Buy Rating for Knorr-Bremse AG (KBX)
Berenberg Bank analyst Yasmin Steilen maintained a Buy rating on Knorr-Bremse AG today and set a price target of €94.00. The company’s shares closed yesterday at €80.70.
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According to TipRanks, Steilen is an analyst with an average return of -2.2% and a 46.67% success rate. Steilen covers the Industrials sector, focusing on stocks such as NORMA Group SE, Durr AG, and Stabilus.
In addition to Berenberg Bank, Knorr-Bremse AG also received a Buy from Warburg Research’s Fabio Holscher in a report issued yesterday. However, on the same day, J.P. Morgan maintained a Hold rating on Knorr-Bremse AG (XETRA: KBX).
KBX market cap is currently €13.01B and has a P/E ratio of 30.89.
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