Honeywell Aerospace (NASDAQ:HONA) Receives $253.75 Consensus Target Price from Brokerages

Shares of Honeywell Aerospace (NASDAQ:HONA) have been assigned a consensus recommendation of “Hold” from the fifteen research firms that are covering the firm, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $253.75.

Several research firms have recently commented on HONA. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. TD Cowen assumed coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating and a $250.00 price target for the company. Wolfe Research initiated coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating for the company. Morgan Stanley set a $235.00 price target on Honeywell Aerospace in a research report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Honeywell Aerospace in a research note on Friday, July 10th. They set a “neutral” rating and a $255.00 target price on the stock.

Honeywell Aerospace Trading Up 1.2%

HONA opened at $206.74 on Friday. Honeywell Aerospace has a 1-year low of $192.03 and a 1-year 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.