Honeywell Aerospace (NASDAQ:HONA) Rating Increased to Hold at BNP Paribas Exane

BNP Paribas Exane upgraded shares of Honeywell Aerospace (NASDAQ:HONA) to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

A number of other analysts have also weighed in on HONA. TD Cowen assumed coverage on Honeywell Aerospace in a research report on Monday. They set a “hold” rating and a $250.00 price objective on the stock. Wolfe Research initiated coverage on Honeywell Aerospace in a report on Monday. They set a “hold” rating on the stock. Melius Research upgraded shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday. Jefferies Financial Group started coverage on shares of Honeywell Aerospace in a report on Monday. They set a “hold” rating and a $235.00 price target for the company. Finally, Wells Fargo & Company began coverage on shares of Honeywell Aerospace in a report on Wednesday. They issued an “equal weight” rating and a $250.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Honeywell Aerospace has a consensus rating of “Hold” and an average target price of $244.60.

Honeywell Aerospace Stock Performance

NASDAQ HONA opened at $227.29 on Tuesday. 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.