BorgWarner Gets a Buy Rating from Jefferies

By Jason Carr

Jefferies analyst Bret Jordan reiterated a Buy rating on BorgWarner (NYSE: BWA) yesterday and set a price target of $50. The company’s shares closed yesterday at $42.19, close to its 52-week high of $44.24.

According to, Jordan is a 4-star analyst with an average return of 8.1% and a 64.3% success rate. Jordan covers the Services sector, focusing on stocks such as Pep Boys-Manny Moe & Jack, Kar Auction Services Inc, and Genuine Parts Company.

BorgWarner has an analyst consensus of Moderate Buy, with a price target consensus of $44.

The company has a one year high of $44.24 and a one year low of $27.52. Currently, BorgWarner has an average volume of 1.91M.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Ronald Hundzinski, the VP & CFO of BWA sold 3,776 shares for a total of $156,780.

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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. It operates through the following business segments: Engine and Drivetrain. The Engine segment develops and manufactures products to manage engines for fuel efficiency, reduced emissions, and enhanced performance. Its products include: turbochargers, timing systems, emissions systems, thermal systems, thermostats, diesel cold start and gasoline ignition technology. The Drivetrain segment develops and manufactures mechanical products for automatic transmissions and all-wheel drive vehicles and rotating electrical components for light and commercial vehicles. It improves fuel economy and vehicle performance. Its products include friction, mechanical and controls products for automatic transmissions and torque management products for all-wheel drive vehicles. BorgWarner was founded in 1928 and is headquartered in Auburn Hills, MI.