Honeywell Aerospace (NASDAQ:HONA) Shares Up 3.3% – Here’s Why

Honeywell Aerospace (NASDAQ:HONAGet Free Report)’s stock price traded up 3.3% during mid-day trading on Monday . The company traded as high as $211.79 and last traded at $210.83. 1,850,107 shares were traded during trading, a decline of 37% from the average daily volume of 2,939,199 shares. The stock had previously closed at $204.07.

Analyst Upgrades and Downgrades

HONA has been the subject of several recent analyst reports. Vertical Research started coverage on Honeywell Aerospace in a research report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price target for the company. Wolfe Research initiated coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating for the company. Wells Fargo & Company initiated coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They set an “equal weight” rating and a $250.00 price target on the stock. Wall Street Zen upgraded shares of Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Finally, Argus assumed coverage on Honeywell Aerospace in a report on Thursday, July 9th. They issued a “buy” rating and a $275.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $253.75.

Get Our Latest Stock Analysis on HONA

Honeywell Aerospace Price Performance

Honeywell Aerospace Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Honeywell Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honeywell Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.