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Kepler Capital Remains a Buy on Knorr-Bremse AG (KBX)

Tipranks - Tipranks - Sat Jan 10, 8:00PM CST

In a report released on January 8, William Mackie from Kepler Capital maintained a Buy rating on Knorr-Bremse AG, with a price target of €110.00. The company’s shares closed yesterday at €101.00.

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According to TipRanks, Mackie is a 5-star analyst with an average return of 11.1% and a 65.47% success rate. Mackie covers the Industrials sector, focusing on stocks such as Siemens Energy, Vestas Wind Systems, and LEGRAND.

In addition to Kepler Capital , Knorr-Bremse AG also received a Buy from Deutsche Bank ‘s Gael De-Bray in a report issued yesterday. However, on the same day, Citi maintained a Hold rating on Knorr-Bremse AG (XETRA: KBX).

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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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