Brokerage Firm Rating on BorgWarner (BWA)

BorgWarner (BWA) has an average broker rating of 2.4, which is interpreted as a Buy, as rated by 15 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

BorgWarner (BWA) : The consensus price target for BorgWarner (BWA) is $40.55 for the short term with a standard deviation of $7.62. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $58, however, the pessimist price target for the company is $33.


For the current week, the company shares have a recommendation consensus of Buy. BorgWarner (NYSE:BWA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.86 and $33.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.00, notching a gain of 0.86% for the day. The total traded volume was 1,404,979 . The stock had closed at $33.71 on the previous day.

In a related news,The officer (Vice President and Treasurer) of Borgwarner Inc, Mcgill Thomas J. sold 5,000 shares at $31.83 on August 2, 2016. The Insider selling transaction had a total value worth of $159,150. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

BorgWarner Inc. is a supplier of engineered automotive systems and components for powertrain applications. The Company operates through two segments: Engine and Drivetrain. The Engine segment develops and manufactures products in gasoline and diesel engines and alternative powertrains. The Drivetrain segment develops and manufactures products for automatic transmissions and all-wheel drive (AWD) vehicles. The Company manufactures and sells the product across the world, to equipment manufacturers (OEMs) of light vehicles. The Company sells the products to other OEMs of commercial vehicles and off-highway vehicles (agricultural and construction machinery and marine applications). It also manufactures and sells its products to Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia and is an equipment supplier to automotive OEM.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.