In a report released on April 4, Colin Langan from Wells Fargo maintained a Buy rating on BorgWarner (BWA – Research Report), with a price target of $40.00. The company’s shares closed last Friday at $25.89.
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According to TipRanks, Langan is an analyst with an average return of -6.6% and a 47.51% success rate. Langan covers the Consumer Cyclical sector, focusing on stocks such as Dana Holding, Aptiv, and Tesla.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BorgWarner with a $37.71 average price target, implying a 45.65% upside from current levels. In a report released on March 20, Piper Sandler also maintained a Buy rating on the stock with a $36.00 price target.
The company has a one-year high of $38.23 and a one-year low of $24.66. Currently, BorgWarner has an average volume of 3.66M.
Based on the recent corporate insider activity of 44 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. Last month, Tonit Calaway, the EVP, CAO, Gen Counsel & Sec of BWA sold 8,300.00 shares for a total of $249,581.00.
Read More on BWA:
- Trump, trade team considering narrower tariffs than once envisioned, WSJ says
- BorgWarner price target lowered to $36 from $43 at Piper Sandler
- BorgWarner upgraded to Outperform from Neutral at Exane BNP Paribas
- DoorDash, TKO Group, Williams-Sonoma, Expand Energy to join S&P 500 on 3/24
- Tesla upgraded, Coinbase initiated: Wall Street’s top analyst calls
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