Goldman Sachs Keeps Their Buy Rating on Knorr-Bremse AG (KBX)
In a report released today, Daniela Costa from Goldman Sachs maintained a Buy rating on Knorr-Bremse AG, with a price target of €115.00.
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According to TipRanks, Costa is a 5-star analyst with an average return of 10.0% and a 63.93% success rate. Costa covers the Industrials sector, focusing on stocks such as TRATON SE, CNH Industrial, and LEGRAND.
In addition to Goldman Sachs, Knorr-Bremse AG also received a Buy from Kepler Capital ‘s William Mackie in a report issued on January 13. 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 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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- Knorr-Bremse upgraded to Buy from Hold at Deutsche Bank
- Knorr-Bremse upgraded to Overweight from Equal Weight at Morgan Stanley
- Knorr-Bremse price target raised to EUR 94.70 from EUR 91 at JPMorgan
- Knorr-Bremse price target raised to EUR 87 from EUR 65 at Barclays
- Knorr-Bremse: Dominant Market Leader with Strong Growth Prospects and Buy Recommendation
