27-06-2025
J.P. Morgan downgrades Knorr-Bremse AG (KBX) to a Hold
In a report released yesterday, Akash Gupta from J.P. Morgan downgraded Knorr-Bremse AG (KBX – Research Report) to a Hold, with a price target of €93.00. The company's shares closed yesterday at €84.85.
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Gupta covers the Industrials sector, focusing on stocks such as Siemens Energy, Alstom SA, and GEA Group AG. According to TipRanks, Gupta has an average return of -8.2% and a 50.00% success rate on recommended stocks.
Knorr-Bremse AG has an analyst consensus of Moderate Buy, with a price target consensus of €89.88, a 5.93% upside from current levels. In a report released yesterday, Warburg Research also maintained a Hold rating on the stock with a €90.00 price target.
Based on Knorr-Bremse AG's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €1.96 billion and a net profit of €135 million. In comparison, last year the company earned a revenue of €1.97 billion and had a net profit of €153.73 million
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KBX in relation to earlier this year.
