Knorr-Bremse upgraded on cheap valuation

Citi upgraded Knorr-Bremse to buy, target €123. Inexpensive valuation and strong margin outlook cited.

Today / 10:33|Last updated: Today / 10:36

Knorr-Bremse upgraded on cheap valuation — Photo: Prepared by Bond.az

Citi upgraded Knorr-Bremse to "buy" on Tuesday, lifting its target price to €123 from €116. The German rail and truck braking systems maker is seen as attractively valued.

The brokerage expects group margin to reach 14.4% this year, citing strong cost management.

Near-term momentum in the US and potential upside on truck margins in H2 2026 were highlighted.

More News

Evercore sees strong AI networking demand

Today / 09:53

545

Evercore sees strong AI networking demand

Evercore channel checks show strong AI networking demand and supply constraints. Updates on Nvidia, Marvell, Broadcom, Astera Labs, and Macom.

STOCK MARKETS →

Ottobock shares drop 10% on short report

Today / 08:52

229

Ottobock shares drop 10% on short report

Ottobock shares fell 10% after Grizzly Research short report highlights owner debt risk. Target price set at €30.

STOCK MARKETS →

Today / 08:42

841

Get ProPicks AI at 2026's Lowest Price

Get ProPicks AI at 2026's lowest price on Bond.az. AI-powered stock picks, WarrenAI, and more - limited time offer.

STOCK MARKETS →

Today / 08:40

590

Why is Intrum stock surging today?

Intrum stock jumps 12.1% after UBS upgrade and capital raising announcement. Discover the reasons behind the surge.

STOCK MARKETS →

Today / 08:15

563

Why is Evolution stock surging today?

Evolution AB stock surges 12.3% on €2 billion buyback program. Analysts say move signals undervaluation. Read more on Bond.az.

STOCK MARKETS →

Today / 08:14

286

Why is ACS stock sliding today?

ACS stock fell 4.61% on digital infrastructure investment plan and share issuance. Valuation and earnings report amplify selling pressure.

STOCK MARKETS →

Today / 08:13

488

Why is Lagercrantz stock surging?

Lagercrantz stock surged 7.7% after a strong Year-End report, hitting a new 52-week high. Earnings beat expectations, driven by solid performance and CEO outlook.

STOCK MARKETS →

SAP shares climb 5% as software stocks rally

Today / 08:12

472

SAP shares climb 5% as software stocks rally

SAP shares surged 5% on Monday, leading a software stock rally in Europe. Salesforce, ServiceNow, and others also gained while semiconductors dipped.

STOCK MARKETS →

Evolution stock surges 10% on $2.1 billion buyback plan

Today / 07:55

824

Evolution stock surges 10% on $2.1 billion buyback plan

Evolution shares surge 10% after announcing a 2 billion euro share buyback plan, one of Sweden's largest buyback programs.

STOCK MARKETS →

Vallourec shares plunge after ArcelorMittal sells 10% stake

Today / 07:42

250

Vallourec shares plunge after ArcelorMittal sells 10% stake

ArcelorMittal sells 10% stake in Vallourec for $667 million. Vallourec shares drop 6%. Details on Bond.az.

STOCK MARKETS →

FTSE 100 rises as Trump calls off Iran strike

Today / 07:34

460

FTSE 100 rises as Trump calls off Iran strike

FTSE 100 rises as Trump cancels Iran strike, easing geopolitical tensions. Markets rally on de-escalation hopes.

STOCK MARKETS →

European Stocks Rise on US-Iran Peace Hopes

Today / 07:33

683

European Stocks Rise on US-Iran Peace Hopes

European stocks gain on US-Iran peace hopes. Stoxx 600, Dax, CAC 40, FTSE 100 rise. Oil prices drop.

STOCK MARKETS →

...