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A statement released earlier today by Guggenheim about BorgWarner Inc. (NYSE:BWA) raises the target price to $45.00

In a report released on Wednesday June 21, 2017 Guggenheim increased the stock price target of BorgWarner Inc. (NYSE:BWA) to $45.00 reporting a potential upside of 0.10%.

Previously on 06/12/2017, Morgan Stanley released a statement about BorgWarner Inc. (NYSE:BWA) reduced the target price from $34.00 to $32.00. At the time, this indicated a possible downside of -0.27%.

Just yesterday BorgWarner Inc. (NYSE:BWA) traded 1.02% higher at $40.73. BorgWarner Inc.’s 50-day moving average is $45.87 and its 200-day moving average is $43.06. The last stock price is down 13.24% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 2,096,404 shares of BWA traded hands, up from an average trading volume of 1,990,570

Recent Performance Chart

BorgWarner Inc. (NYSE:BWA)

BorgWarner Inc. has 52 week low of $33.09 and a 52 week high of $49.00 with a PE ratio of 54.36 and has a market capitalization of $0.

In addition to Guggenheim reporting its stock price target, a total of 16 brokerages have issued a ratings update on the company. The average stock price target is $41.56 with 4 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, 6 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On BorgWarner Inc. (NYSE:BWA)

BorgWarner Inc. is engaged in providing technology solutions for combustion, hybrid and electric vehicles. The Company's segments include Engine and Drivetrain. The Engine segment's products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Engine segment develops and manufactures products for gasoline and diesel engines, and alternative powertrains. The Drivetrain segment's products include transmission components and systems, all-wheel drive (AWD) torque transfer systems and rotating electrical devices. The Company's products are manufactured and sold across the world, primarily to original equipment manufacturers (OEMs) of light vehicles (passenger cars, sport-utility vehicles (SUVs), vans and light trucks). The Company's products are also sold to other OEMs of commercial vehicles (medium-duty trucks, heavy-duty trucks and buses) and off-highway vehicles (agricultural and construction machinery and marine applications.

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