In a report released today, Noah Kaye from Oppenheimer maintained a Buy rating on BorgWarner (NYSE: BWA). The company’s shares closed yesterday at $44.15, close to its 52-week low of $42.06.
According to TipRanks.com, Kaye is a 4-star analyst with an average return of 6.0% and a 56.8% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation Inc, Caterpillar, and Cummins.
BorgWarner has an analyst consensus of Strong Buy, with a price target consensus of $58.29.
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The company has a one-year high of $58.22 and a one-year low of $42.06. Currently, BorgWarner has an average volume of 1.86M.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.
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BorgWarner, Inc. operates as a clean and efficient technology company. It offers solutions for combustion, hybrid and electric vehicles. Its products improve vehicle performance, propulsion efficiency, stability and air quality. The company also manufactures and sells products to tier one vehicle systems suppliers.
