Honeywell Aerospace (NASDAQ:HONA) Earns Neutral Rating from Analysts at JPMorgan Chase & Co.

Equities research analysts at JPMorgan Chase & Co. started coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research report issued on Friday,Benzinga reports. The firm set a “neutral” rating and a $255.00 price target on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 14.29% from the stock’s previous close.

A number of other research firms have also recently commented on HONA. Morgan Stanley began coverage on Honeywell Aerospace in a report on Wednesday. They set an “equal weight” rating and a $255.00 price target for the company. Zacks Research raised Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. Wells Fargo & Company initiated coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued an “equal weight” rating and a $250.00 target price for the company. Vertical Research began coverage on shares of Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price target on the stock. Finally, BMO Capital Markets assumed coverage on shares of Honeywell Aerospace in a report on Thursday, July 2nd. They set an “outperform” rating and a $276.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $253.78.

Honeywell Aerospace Stock Performance

NASDAQ HONA opened at $223.12 on Friday. Honeywell Aerospace has a fifty-two week low of $200.00 and a fifty-two week high of $297.50.

Honeywell Aerospace is a business unit of Honeywell International that designs and manufactures products and systems for the aviation and aerospace industries. Its offerings include aircraft engines, cockpit and cabin electronics, navigation and surveillance systems, sensors, auxiliary power units, and other connected aerospace technologies used in commercial, defense, and business aviation.

The company serves customers around the world, supplying components and integrated systems for aircraft manufacturers, airlines, military operators, and aftermarket aviation service providers.