ZURICH (dpa-AFX Broker) - The major Swiss bank UBS has raised its target price for Knorr-Bremse from 79 to 86 euros ahead of first-quarter figures and left its rating at "Buy". The brake specialist for commercial and rail vehicles should have performed well and continue to do so, analyst Sven Weier wrote in a study published on Monday. The Group is benefiting from structural growth with regard to rail transport and business with the truck sector. In addition, the company also has self-help potential in terms of profit margins./mis/ck

Publication of the original study: 19.04.2024 / 19:14 / GMT

First publication of the original study: 19.04.2024 / 19:14 / GMT

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