Stock Rating Upgrade
During the last several trading days the Value Trend Rating for BorgWarner Inc (NYSE: BWA) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
BorgWarner Inc (NYSE: BWA) stock closed at $31.79 on 8/9/24 after a modest decline of -1.1%. Trading volume in this decline was normal. The stock has declined -6.6% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BWA is expected to continue to be a major Value Builder.
BorgWarner has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. BorgWarner has a neutral Appreciation Score of 53 and a neutral Power Rating of 44, leading to the Neutral Value Trend Rating.
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