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Deutsche Bank downgraded BorgWarner (NYSE:BWA) from Buy to Hold in a report released today.

Deutsche Bank has downgraded BorgWarner (NYSE:BWA) from Buy to Hold in a statement released on 10/12/2017.

Boasting a price of $52.01, BorgWarner (NYSE:BWA) traded -2.10% lower on the day. With the last stock price close up 15.25% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. BWA has recorded a 50-day average of $48.58 and a two hundred day average of $44.18. Trade Volume was up over the average, with 2,547,970 shares of BWA changing hands over the typical 1,800,630

Recent Performance Chart

BorgWarner (NYSE:BWA)

With a total market value of $0, BorgWarner has price-earnings ratio of 56.77 with a one year low of $33.09 and a 52 week high of $52.71 .

In addition to Deutsche Bank reporting its target price, a total of 16 firms have released a research note on BWA. The one year target is $41.56 with four equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, six analysts rating the company a hold, two brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On BorgWarner (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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