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

Tipranks - Tipranks - Thu Feb 26, 1:40AM CST

In a report released today, Vivek Midha from Citi maintained a Hold rating on Knorr-Bremse AG, with a price target of €116.00.

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Midha covers the Industrials sector, focusing on stocks such as Wartsila Oyj Abp, Weir Group plc (The), and Kone Oyj. According to TipRanks, Midha has an average return of 19.3% and a 73.50% success rate on recommended stocks.

In addition to Citi, Knorr-Bremse AG also received a Hold from J.P. Morgan’s Akash Gupta in a report issued on February 19. However, today, Goldman Sachs reiterated a Buy 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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