BorgWarner (BWA) Receives a Buy from Oppenheimer

Oppenheimer analyst Noah Kaye assigned a Buy rating to BorgWarner (BWA) today and set a price target of $54.00. The company’s shares closed last Tuesday at $48.50, close to its 52-week high of $51.88.

According to, Kaye is a 5-star analyst with an average return of 16.5% and a 65.9% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Johnson Controls, and Dana Holding.

BorgWarner has an analyst consensus of Moderate Buy, with a price target consensus of $51.77, representing a 6.1% upside. In a report issued on April 21, KeyBanc also maintained a Buy rating on the stock with a $60.00 price target.

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BorgWarner’s market cap is currently $11.59B and has a P/E ratio of 20.80. The company has a Price to Book ratio of 4.29.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BWA in relation to earlier this year.

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BorgWarner, Inc. engages in the provision of technology solutions for combustion, hybrid and electric vehicles. It operates through the following segments: Engine and Drivetrain. The Engine segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance. The Drivetrain segment focuses in the products that improve fuel economy, reduce emissions, and enhance performance in combustion, hybrid and electric vehicles. The company was founded in 1928 and is headquartered in Auburn Hills, MI.

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