Blurbs

BorgWarner (BWA) Gets a Buy Rating from Wells Fargo

In a report released today, Colin Langan from Wells Fargo maintained a Buy rating on BorgWarner (BWAResearch Report), with a price target of $57.00. The company’s shares closed last Friday at $34.45, close to its 52-week low of $32.40.

According to TipRanks.com, Langan is a 1-star analyst with an average return of -1.5% and a 51.8% success rate. Langan covers the Industrial Goods sector, focusing on stocks such as Magna International, Dana Holding, and Autoliv.

BorgWarner has an analyst consensus of Hold, with a price target consensus of $44.63, a 27.7% upside from current levels. In a report issued on July 6, Robert W. Baird also maintained a Buy rating on the stock with a $41.00 price target.

See the top stocks recommended by analysts >>

BorgWarner’s market cap is currently $8.25B and has a P/E ratio of 12.28.

Based on the recent corporate insider activity of 52 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos