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

Tipranks - Tipranks - Fri Jan 9, 6:56AM CST

J.P. Morgan analyst Akash Gupta maintained a Hold rating on Knorr-Bremse AG today and set a price target of €94.70.

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According to TipRanks, Gupta is an analyst with an average return of -4.0% and a 54.78% success rate. Gupta covers the Industrials sector, focusing on stocks such as Vestas Wind Systems, Alstom SA, and KION GROUP AG.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Knorr-Bremse AG with a €98.47 average price target.

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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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