Honeywell Aerospace (NASDAQ:HONA) Receives Average Rating of “Hold” from Brokerages

Honeywell Aerospace (NASDAQ:HONA) has received an average rating of “Hold” from the fifteen research firms that are currently covering the stock, MarketBeat reports. Eleven research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $253.75.

A number of research firms have recently weighed in on HONA. Evercore initiated coverage on shares of Honeywell Aerospace in a research report on Monday, July 13th. They issued an “in-line” rating and a $250.00 price objective for the company. BMO Capital Markets initiated coverage on Honeywell Aerospace in a report on Thursday, July 2nd. They issued an “outperform” rating and a $276.00 price target for the company. Zacks Research upgraded Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. BNP Paribas Exane assumed coverage on Honeywell Aerospace in a research note on Tuesday, June 30th. They issued a “neutral” rating and a $245.00 target price for the company. Finally, JPMorgan Chase & Co. began coverage on Honeywell Aerospace in a research report on Friday, July 10th. They set a “neutral” rating and a $255.00 target price on the stock.

Honeywell Aerospace Stock Up 4.2%

NASDAQ:HONA opened at $204.07 on Friday. Honeywell Aerospace has a 12-month low of $192.03 and a 12-month high of $297.50.

Honeywell Aerospace Company Profile

Honeywell Aerospace Inc manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.