Honeywell Aerospace (NASDAQ:HONA) Given Average Recommendation of “Hold” by Analysts

Honeywell Aerospace (NASDAQ:HONA) has been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the stock, Marketbeat reports. Eleven analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $253.75.

Several analysts have weighed in on HONA shares. Wells Fargo & Company began coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They issued an “equal weight” rating and a $250.00 target price on the stock. TD Cowen began coverage on Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating and a $250.00 price target for the company. Jefferies Financial Group initiated coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $235.00 price objective on the stock. Morgan Stanley set a $235.00 price objective on shares of Honeywell Aerospace in a research note on Wednesday, July 15th. Finally, Wolfe Research initiated coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating for the company.

Honeywell Aerospace Price Performance

HONA opened at $204.07 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.