Analysts Offer Insights on Consumer Goods Companies: Pioneer Power Solutions (NASDAQ: PPSI) and BorgWarner (NYSE: BWA)

By Carrie Williams

Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Pioneer Power Solutions (NASDAQ: PPSI) and BorgWarner (NYSE: BWA).

Pioneer Power Solutions (NASDAQ: PPSI)

Roth Capital analyst Matt Koranda reiterated a Buy rating on Pioneer Power Solutions (NASDAQ: PPSI) yesterday and set a price target of $8. The company’s shares opened today at $7.

According to TipRanks.com, Koranda is a 3-star analyst with an average return of 2.4% and a 40.9% success rate. Koranda covers the Consumer Goods sector, focusing on stocks such as Motorcar Parts Of America, Cooper-Standard Holdings, and Enerpulse Technologies.

Pioneer Power Solutions has an analyst consensus of Moderate Buy.

BorgWarner (NYSE: BWA)

RBC Capital analyst Walter Spracklin reiterated a Hold rating on BorgWarner (NYSE: BWA) on March 10 and set a price target of $42. The company’s shares opened today at $42.30, close to its 52-week high of $43.43.

According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 18.7% and a 77.1% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp, General Dynamics Corp, and Lockheed Martin Corp.

BorgWarner has an analyst consensus of Moderate Buy, with a price target consensus of $43.67.

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