Honeywell Aerospace (NASDAQ:HONA) Receives Average Recommendation of “Hold” from Analysts

Shares of Honeywell Aerospace (NASDAQ:HONAGet Free Report) have been assigned an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $244.60.

A number of equities research analysts recently issued reports on HONA shares. Wells Fargo & Company assumed coverage on shares of Honeywell Aerospace in a report on Wednesday. They issued an “equal weight” rating and a $250.00 target price for the company. Vertical Research started coverage on shares of Honeywell Aerospace in a research note on Wednesday. They issued a “hold” rating and a $243.00 price target for the company. Jefferies Financial Group started coverage on shares of Honeywell Aerospace in a research note on Monday. They set a “hold” rating and a $235.00 target price for the company. Melius Research upgraded shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday. Finally, BNP Paribas Exane started coverage on shares of Honeywell Aerospace in a research report on Tuesday. They set a “neutral” rating and a $245.00 price target for the company.

View Our Latest Stock Report on Honeywell Aerospace

Honeywell Aerospace Stock Performance

NASDAQ:HONA traded up $5.08 during mid-day trading on Wednesday, hitting $226.16. 2,107,250 shares of the company’s stock traded hands, compared to its average volume of 1,819,100. Honeywell Aerospace has a 1 year low of $200.00 and a 1 year high of $297.50.

Honeywell Aerospace is a business unit of Honeywell that provides technology, systems, and services for the aviation industry. Its offerings are used across commercial aviation, defense, and space applications and include avionics, engines and propulsion components, cockpit and navigation systems, auxiliary power units, and other aircraft systems designed to improve safety, efficiency, and performance.

The business supports a wide range of customers, including aircraft manufacturers, airlines, military organizations, and maintenance providers.

Further Reading

Analyst Recommendations for Honeywell Aerospace (NASDAQ:HONA)

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