There’s a lot to be optimistic about in the Conglomerates sector as 2 analysts just weighed in on BorgWarner (BWA) and Pool (POOL) with bullish sentiments.
BorgWarner (BWA)
In a report released today, Noah Kaye from Oppenheimer assigned a Buy rating to BorgWarner, with a price target of $53.00. The company’s shares closed last Thursday at $40.09.
According to TipRanks.com, Kaye is a 5-star analyst with an average return of 8.7% and a 60.9% success rate. Kaye covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation, Johnson Controls, and Dana Holding.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BorgWarner with a $44.42 average price target.
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Pool (POOL)
In a report released today, Alex Maroccia from Berenberg Bank reiterated a Buy rating on Pool, with a price target of $369.00. The company’s shares closed last Thursday at $340.85, close to its 52-week high of $342.88.
According to TipRanks.com, Maroccia is a 5-star analyst with an average return of 30.2% and a 89.8% success rate. Maroccia covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Floor & Decor Holdings, and Fox Factory Holding.
Pool has an analyst consensus of Moderate Buy, with a price target consensus of $332.40.
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