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Knorr-Bremse AG (KBX) Gets a Buy from Kepler Capital

Tipranks - Mon Feb 23, 6:28AM CST

Kepler Capital analyst William Mackie maintained a Buy rating on Knorr-Bremse AG on February 19 and set a price target of €110.00. The company’s shares closed last Friday at €111.00.

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According to TipRanks, Mackie is a 5-star analyst with an average return of 12.2% and a 66.05% success rate. Mackie covers the Industrials sector, focusing on stocks such as Siemens Energy, Vestas Wind Systems, and Schneider Electric.

In addition to Kepler Capital , Knorr-Bremse AG also received a Buy from Berenberg Bank’s Yasmin Steilen in a report issued on February 20. However, on February 19, J.P. Morgan maintained a Hold 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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