In a report released today, Noah Kaye from Oppenheimer maintained a Buy rating on BorgWarner (BWA – Research Report), with a price target of $39.00. The company’s shares closed yesterday at $31.48.
According to TipRanks, Kaye is a 5-star analyst with an average return of 12.8% and a 61.60% success rate. Kaye covers the Industrials sector, focusing on stocks such as EnerSys, Waste Connections, and Carrier Global.
In addition to Oppenheimer, BorgWarner also received a Buy from Morgan Stanley’s Adam Jonas in a report issued yesterday. However, today, Robert W. Baird maintained a Hold rating on BorgWarner (NYSE: BWA).
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BWA market cap is currently $7.95B and has a P/E ratio of 11.81.
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BorgWarner (BWA) Company Description:
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.
Read More on BWA:
- BorgWarner Announces Quarterly Cash Dividend Distribution
- BorgWarner enters relationship pact with BYD subsidiary for LFP battery packs
- BorgWarner sees FY24 adjusted EPS $3.65-$4.00, consensus $4.27
- BorgWarner Reports Full Year 2023 Results, Expects 2024 eProduct Sales to Grow Approximately 25% to 40%
- BORGWARNER DECLARES QUARTERLY DIVIDEND
