Wolfe Research Initiates Coverage on Honeywell Aerospace (NASDAQ:HONA)

Wolfe Research started coverage on shares of Honeywell Aerospace (NASDAQ:HONAGet Free Report) in a report released on Monday,Benzinga reports. The brokerage set a “peer perform” rating on the stock.

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

Read Our Latest Stock Analysis on HONA

Honeywell Aerospace Price Performance

HONA stock traded up $5.18 during trading on Monday, hitting $226.26. 1,603,001 shares of the stock traded hands, compared to its average volume of 1,751,501. Honeywell Aerospace has a one year low of $200.00 and a one year 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.

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Analyst Recommendations for Honeywell Aerospace (NASDAQ:HONA)

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