In a report issued on January 4, Brian Johnson from Barclays maintained a Hold rating on BorgWarner (BWA), with a price target of $36. The company’s shares closed on Friday at $35.35, close to its 52-week low of $32.46.
According to TipRanks.com, Johnson is a 3-star analyst with an average return of 1.7% and a 47.8% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Visteon Corp.
Currently, the analyst consensus on BorgWarner is a Moderate Buy with an average price target of $48.50.
See today’s analyst top recommended stocks >>
The company has a one-year high of $58.22 and a one-year low of $32.46. Currently, BorgWarner has an average volume of 2.27M.
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
BorgWarner, Inc. engages in the provision of technology solutions for combustion, hybrid, and electric vehicles. It operates through Engine and Drivetrain segments. The Engine segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance.
