BorgWarner Inc. (NYSE:BWA) price target upped to $28.00, released a report earlier today by Berenberg Bank
- Updated: November 27, 2016
Yesterday BorgWarner Inc. (NYSE:BWA) traded 0.82% higher at $36.16. BWA’s 50-day average is $35.06 and its two hundred day average is $33.79. With the last stock price close up 5.59% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Trading volume was down over the average, with 1,191,729 shares of BWA changing hands under the typical 2,772,890
Stating a potential downside of -0.23%, Berenberg Bank raised the target price of BorgWarner Inc. (NYSE:BWA) to $28.00
Recent Performance Chart
BorgWarner Inc. has PE ratio of 14.53 with a one year low of $27.52 and a one year high of $44.35 and has a market capitalization of $0.
Also covering BorgWarner Inc.'s target, a total of 16 analysts have released a report on BorgWarner Inc.. The 12-month price target is $41.56 with four equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, 6 brokers rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About BorgWarner Inc. (NYSE:BWA)
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's products include turbochargers, timing devices and chains, emissions systems and thermal systems. The Drivetrain segment's products include transmission components and systems, all-wheel drive (AWD) torque transfer systems and rotating electrical devices. The Company manufactures and sells products to original equipment manufacturers (OEMs) of light vehicles (passenger cars, sport-utility vehicles (SUVs), vans and light trucks). The Company sells the products 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). It also manufactures and sells its products to Tier One vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles.
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