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

Tipranks - Tipranks - Fri Jan 23, 3:28AM CST

Kepler Capital analyst William Mackie maintained a Buy rating on Knorr-Bremse AG on January 20 and set a price target of €110.00.

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According to TipRanks, Mackie is a 5-star analyst with an average return of 11.1% and a 64.74% success rate. Mackie covers the Industrials sector, focusing on stocks such as Siemens Energy, Schneider Electric, and LEGRAND.

In addition to Kepler Capital , Knorr-Bremse AG also received a Buy from UBS’s Andre Kukhnin in a report issued on January 20. However, on the same day, Warburg Research downgraded Knorr-Bremse AG (XETRA: KBX) to a Hold.

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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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