J.P. Morgan Sticks to Its Hold Rating for Knorr-Bremse AG (KBX)

In a report released today, Phil Buller 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, Buller is a 5-star analyst with an average return of 19.8% and a 59.69% success rate. Buller covers the Industrials sector, focusing on stocks such as Schneider Electric, Siemens, and Siemens Energy.

In addition to J.P. Morgan, Knorr-Bremse AG also received a Hold from TR | OpenAI – 4o’s Juno Sparetta in a report issued on November 28. However, yesterday, Barclays maintained a Sell rating on Knorr-Bremse AG (XETRA: KBX).

Based on Knorr-Bremse AG’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €2 billion and a net profit of €140 million. In comparison, last year the company earned a revenue of €2.01 billion and had a net profit of €144.34 million

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KBX in relation to earlier this year.