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Citi Reaffirms Their Hold Rating on Knorr-Bremse AG (KBX)

Tipranks - Tipranks - Sat Jan 10, 12:32AM CST

In a report released today, Vivek Midha from Citi maintained a Hold rating on Knorr-Bremse AG, with a price target of €103.00.

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According to TipRanks, Midha is a 5-star analyst with an average return of 19.7% and a 74.31% success rate. Midha covers the Industrials sector, focusing on stocks such as Wartsila Oyj Abp, Nordex, and Weir Group plc (The).

In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a €94.70 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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