Barclays Sticks to Their Buy Rating for BorgWarner (BWA)
Barclays analyst Brian Johnson maintained a Buy rating on BorgWarner (BWA) yesterday and set a price target of $44. The company’s shares closed yesterday at $39.48.
According to TipRanks.com, Johnson is a 1-star analyst with an average return of -0.9% and a 48.6% 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 Strong Buy with an average price target of $47.40.
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The company has a one-year high of $46.97 and a one-year low of $32.46. Currently, BorgWarner has an average volume of 1.61M.
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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.