Honeywell Aerospace (NASDAQ:HONA) Earns Peer Perform Rating from Analysts at Wolfe Research

Stock analysts at Wolfe Research assumed coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage set a “peer perform” rating on the stock.

Several other equities analysts have also recently commented on HONA. BNP Paribas Exane set a $245.00 price target on Honeywell Aerospace and gave the company a “neutral” rating in a report on Tuesday. Wells Fargo & Company assumed coverage on Honeywell Aerospace in a report on Wednesday. They set an “equal weight” rating and a $250.00 price objective on the stock. TD Cowen initiated coverage on Honeywell Aerospace in a research report on Monday. They set a “hold” rating and a $250.00 price objective on the stock. Vertical Research started coverage on Honeywell Aerospace in a research note on Wednesday. They issued a “hold” rating for the company. Finally, Jefferies Financial Group set a $235.00 target price on Honeywell Aerospace and gave the stock a “hold” rating in a research report on Monday. Six equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $245.00.

Honeywell Aerospace Trading Up 2.3%

Shares of NASDAQ HONA traded up $5.18 during mid-day trading on Monday, hitting $226.26. The company had a trading volume of 1,603,001 shares, compared to its average volume of 1,751,501. Honeywell Aerospace has a 12 month low of $200.00 and a 12 month 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.