Honeywell Aerospace (NASDAQ:HONA) Now Covered by Evercore

Research analysts at Evercore began coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research note issued on Monday, Marketbeat.com reports. The brokerage set an “in-line” rating and a $250.00 price target on the stock. Evercore’s price objective points to a potential upside of 15.65% from the company’s previous close.

A number of other research firms have also recently commented on HONA. Vertical Research began coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective on the stock. Morgan Stanley initiated coverage on Honeywell Aerospace in a report on Wednesday, July 8th. They issued an “equal weight” rating and a $255.00 target price on the stock. Wolfe Research initiated coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They issued a “hold” rating on the stock. TD Cowen assumed coverage on Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating and a $250.00 price target on the stock. Finally, BMO Capital Markets initiated coverage on shares of Honeywell Aerospace in a report on Thursday, July 2nd. They issued an “outperform” rating and a $276.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $253.40.

Honeywell Aerospace Stock Down 2.1%

Honeywell Aerospace stock traded down $4.58 during midday trading on Monday, hitting $216.17. 130,865 shares of the company were exchanged, compared to its average volume of 2,891,189. Honeywell Aerospace has a fifty-two week low of $200.00 and a fifty-two week high of $297.50.

Honeywell Aerospace is a business unit of Honeywell International that develops and supplies technologies for the aviation industry, serving both commercial and defense customers. Its products and services include aircraft engines and propulsion systems, avionics, cabin and cockpit systems, navigation and safety equipment, and other aerospace components used in airplanes, helicopters, and spacecraft-related applications.

The company supports customers across a broad range of flight operations, including original equipment manufacturers, airlines, business aviation operators, and government and military organizations.