Brokerage Firm Rating Update on BorgWarner (BWA)

BorgWarner (BWA) : 13 analysts are covering BorgWarner (BWA) and their average rating on the stock is 2.46, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

BorgWarner (BWA) : The most positive equity analysts on BorgWarner (BWA) expects the shares to touch $48, whereas, the least positive believes that the stock will trade at $33 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $38.8 with an expected fluctuation of $5.22 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Seaport Global initiates coverage on BorgWarner (NYSE:BWA).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on August 9, 2016.

BorgWarner (NYSE:BWA): The stock opened at $35.55 and touched an intraday high of $36.48 on Wednesday. During the day, the stock corrected to an intraday low of $35.5, however, the bulls stepped in and pushed the price higher to close in the green at $36.12 with a gain of 1.60% for the day. The total traded volume for the day was 4,057,457. The stock had closed at $35.55 in the previous trading session.

BorgWarner Inc. is a supplier of engineered automotive systems and components for powertrain applications. The Company operates through two segments: Engine and Drivetrain. The Engine segment develops and manufactures products in gasoline and diesel engines and alternative powertrains. The Drivetrain segment develops and manufactures products for automatic transmissions and all-wheel drive (AWD) vehicles. The Company manufactures and sells the product across the world, to equipment manufacturers (OEMs) of light vehicles. The Company sells the products to other OEMs of commercial vehicles and off-highway vehicles (agricultural and construction machinery and marine applications). It also manufactures and sells its products to Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia and is an equipment supplier to automotive OEM.

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