Honeywell Aerospace (NASDAQ:HONA) Shares Up 3.3% – Time to Buy?

Shares of Honeywell Aerospace (NASDAQ:HONA) traded up 3.3% during trading on Monday . The company traded as high as $211.79 and last traded at $210.83. Approximately 1,850,107 shares traded hands during mid-day trading, a decline of 37% from the average session volume of 2,939,199 shares. The stock had previously closed at $204.07.

Analyst Ratings Changes

HONA has been the topic of a number of research reports. BMO Capital Markets began coverage on Honeywell Aerospace in a research report on Thursday, July 2nd. They set an “outperform” rating and a $276.00 price target on the stock. BNP Paribas Exane assumed coverage on Honeywell Aerospace in a research report on Tuesday, June 30th. They issued a “neutral” rating and a $245.00 target price on the stock. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. began coverage on shares of Honeywell Aerospace in a report on Friday, July 10th. They set a “neutral” rating and a $255.00 price target for the company. Finally, Jefferies Financial Group began coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating and a $235.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $253.75.

Honeywell Aerospace Price Performance

About Honeywell Aerospace

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.