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Deutsche Bank Reaffirms Their Buy Rating on Knorr-Bremse AG (KBX)

Tipranks - Tipranks - Sat Jan 10, 4:00AM CST

In a report released today, Gael De-Bray from Deutsche Bank maintained a Buy rating on Knorr-Bremse AG, with a price target of €108.00.

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De-Bray covers the Industrials sector, focusing on stocks such as Siemens Energy, Siemens, and Schneider Electric. According to TipRanks, De-Bray has an average return of 19.0% and a 64.10% success rate on recommended stocks.

Knorr-Bremse AG has an analyst consensus of Moderate Buy, with a price target consensus of €99.61.

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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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