Honeywell Aerospace (NASDAQ:HONA) Now Covered by Analysts at Morgan Stanley

Equities research analysts at Morgan Stanley assumed coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research note issued on Wednesday, Marketbeat.com reports. The firm set an “equal weight” rating and a $255.00 price target on the stock. Morgan Stanley’s target price suggests a potential upside of 7.08% from the stock’s previous close.

Several other analysts have also recently weighed in on the stock. Jefferies Financial Group began coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating and a $235.00 target price on the stock. BNP Paribas Exane initiated coverage on shares of Honeywell Aerospace in a research report on Tuesday, June 30th. They issued a “neutral” rating and a $245.00 price objective on the stock. Wolfe Research began coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating for the company. BMO Capital Markets assumed coverage on Honeywell Aerospace in a report on Thursday, July 2nd. They issued an “outperform” rating and a $276.00 target price on the stock. Finally, Vertical Research began coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Honeywell Aerospace currently has an average rating of “Hold” and an average price target of $250.57.

Honeywell Aerospace Stock Performance

Shares of HONA opened at $238.14 on Wednesday. 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 develops and manufactures technologies and systems for aircraft, spacecraft, and other defense and commercial aerospace applications. Its portfolio includes avionics, flight controls, engines and auxiliary power systems, navigation and communication equipment, and a range of safety and connectivity solutions used across the aviation industry.

The company serves a broad customer base that includes commercial airlines, business aviation operators, aircraft manufacturers, defense organizations, and space-related customers.