BorgWarner Receives a Buy from Jefferies

By Jason Carr

In a report released yesterday, David Kelley from Jefferies reiterated a Buy rating on BorgWarner (NYSE: BWA), with a price target of $56. The company’s shares opened today at $43.91.

According to, Kelley is a 4-star analyst with an average return of 24.4% and a 100.0% success rate. Kelley covers the Industrial Goods sector, focusing on stocks such as Cooper-Standard Holdings, Tenneco Automotive, and Delphi Automotive.

BorgWarner has an analyst consensus of Moderate Buy, with a price target consensus of $50.86.

BorgWarner’s market cap is currently $9.34B and has a P/E ratio of 49.72. The company has a book value ratio of 2.5857.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock.

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BorgWarner, Inc. operates as a clean and efficient technology company. It offers solutions for combustion, hybrid and electric vehicles. Its products improve vehicle performance, propulsion efficiency, stability and air quality. The company also manufactures and sells products to tier one vehicle systems suppliers.