Morgan Stanley (NYSE:MS) analyst Armintas Sinkevicius maintained a Hold rating on BorgWarner (NYSE:BWA) on Monday, setting a price target of $22, which is approximately 20.78% below the present share price of $27.77.
Sinkevicius expects BorgWarner to post earnings per share (EPS) of $0.63 for the second quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in BorgWarner, with an average price target of $33.42.
The analysts price targets range from a high of $44 to a low of $22.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.28 billion and a net profit of $234 million. The company's market cap is $5.76 billion.
According to TipRanks.com, Morgan Stanley analyst Armintas Sinkevicius is ranked 0 out of 5 stars with an average return of -7.7% and a 36.5% success rate.
BorgWarner, Inc. engages in the provision of technology solutions for combustion, hybrid and electric vehicles. It operates through the following segments: Engine and Drivetrain. The Engine segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance. The Drivetrain segment focuses in the products that improve fuel economy, reduce emissions, and enhance performance in combustion, hybrid and electric vehicles. The company was founded in 1928 and is headquartered in Auburn Hills, MI.