Barclays keeps Sell rating for Knorr-Bremse stock at EUR 95.00

Published on 10/16/2026 at 10:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Knorr-Bremse stock costs EUR 99.60 on October 16, 2026, versus the EUR 99.10 Xetra close. First-half revenue rose 3.10 percent to EUR 4.08 billion.

Analyst target and operating growth

Barclays maintained a Sell rating and a EUR 95.00 target on October 14, 2026.
First-half 2026 revenue increased 3.10 percent to EUR 4.08 billion.
Knorr-Bremse stock traded at EUR 99.60 at 10:00 a.m. CEST at Lang & Schwarz on October 16, 2026, 0.50 percent above the Xetra close of October 15, 2026.
Market capitalization stood at EUR 16.0 billion on October 16, 2026.

Schwarzweißes Reportagefoto eines Ingenieurs mit Bremssattel in Werkshalle — Schwarzweiß-Reportagefoto dokumentiert Ingenieur bei Prüfung von Bremskomponenten, Knorr-Bremse AG Aktie ISIN DE000KBX1006 börsennotiert, Illustration mit AI erstellt.

Knorr-Bremse stock (ISIN DE000KBX1006) was trading at EUR 99.60 at Lang & Schwarz on October 16, 2026, at 10:00 a.m. CEST, while Markets Insider reported that Barclays maintained a Sell rating and a EUR 95.00 price target on October 14, 2026. The quote was 0.50 percent above the EUR 99.10 Xetra close of October 15, 2026.

Half-year figures strengthen the case

Knorr-Bremse's first-half 2026 revenue reached EUR 4.08 billion, up 3.10 percent from EUR 3.96 billion a year earlier. Operating EBIT increased 13.70 percent to EUR 566.00 million from EUR 498.00 million, while the operating EBIT margin rose to 13.90 percent from 12.60 percent, according to LOK Report on September 17, 2026.

The order book reached EUR 7.89 billion at June 30, 2026, an increase of 7.70 percent from EUR 7.33 billion. Free cash flow totaled EUR 294.00 million in the first half, compared with EUR 160.00 million in the same period of 2025. The company also raised its 2026 outlook to revenue of EUR 8.10 billion to EUR 8.30 billion and an operating EBIT margin of 14.00 percent to 14.50 percent.

Three dated signals for the stock

On July 29, 2026, Knorr-Bremse presented first-half revenue of EUR 4.08 billion through its results release. On October 9, 2026, Yahoo Finance reported that Jefferies raised its target from EUR 125.00 to EUR 126.00 and kept its Buy rating. On October 14, 2026, Barclays kept its Sell rating with a EUR 95.00 target.

What dates matter next?

The next substantiated reporting date is October 29, 2026, when quarterly results are scheduled, according to TickerLandia. That release will test whether the improved first-half margin and order book can support the raised full-year outlook.

Valuation meets a divided view

Barclays' EUR 95.00 target is 4.62 percent below the Lang & Schwarz price, while Jefferies' EUR 126.00 target is 26.51 percent above it. The gap shows how differently analysts weigh stronger profitability against commercial vehicle and rail-market risks.

Knorr-Bremse stock was trading at EUR 99.60 at Lang & Schwarz on October 16, 2026, at 10:00 a.m. CEST, 0.50 percent above the Xetra close of October 15, 2026 at EUR 99.10. The further course of trading is shown by the continuously updated real-time quote of Knorr-Bremse stock.