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

Tipranks - Tipranks - Fri Mar 13, 6:58AM CDT

Deutsche Bank analyst Gael De-Bray maintained a Buy rating on Knorr-Bremse AG today and set a price target of €115.00.

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De-Bray covers the Industrials sector, focusing on stocks such as Siemens Energy, Schneider Electric, and KION GROUP AG. According to TipRanks, De-Bray has an average return of 18.5% and a 62.90% success rate on recommended stocks.

In addition to Deutsche Bank , Knorr-Bremse AG also received a Buy from Morgan Stanley’s Claire Liu in a report issued on March 10. However, on February 25, 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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