Honeywell Aerospace (NASDAQ:HONA) Coverage Initiated by Analysts at Argus

Equities researchers at Argus began coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research report issued on Thursday, MarketBeat Ratings reports. The firm set a “buy” rating and a $275.00 price target on the stock. Argus’ price objective points to a potential upside of 24.21% from the company’s previous close.

A number of other research analysts have also recently commented on the company. Wells Fargo & Company assumed coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They issued an “equal weight” rating and a $250.00 price target for the company. Wolfe Research initiated coverage on Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating on the stock. Morgan Stanley started coverage on Honeywell Aerospace in a report on Wednesday. They issued an “equal weight” rating and a $255.00 target price for the company. BMO Capital Markets started coverage on Honeywell Aerospace in a research report on Thursday, July 2nd. They issued an “outperform” rating and a $276.00 target price for the company. Finally, Vertical Research assumed coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $253.62.

Honeywell Aerospace Stock Performance

Honeywell Aerospace stock traded down $2.95 during mid-day trading on Thursday, reaching $221.40. The company had a trading volume of 310,854 shares, compared to its average volume of 2,929,082. Honeywell Aerospace has a fifty-two week low of $200.00 and a fifty-two week high of $297.50.