Honeywell Aerospace (NASDAQ:HONA) Earns In-Line Rating from Analysts at Evercore

Equities researchers at Evercore started coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research report issued on Monday, Marketbeat Ratings reports. The firm set an “in-line” rating and a $250.00 price target on the stock. Evercore’s price target suggests a potential upside of 15.65% from the stock’s current price.

HONA has been the topic of a number of other research reports. JPMorgan Chase & Co. started coverage on shares of Honeywell Aerospace in a report on Friday. They issued a “neutral” rating and a $255.00 price target on the stock. Wells Fargo & Company started coverage on shares of 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. Jefferies Financial Group assumed coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $235.00 target price on the stock. Vertical Research began coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 price objective for the company. Finally, Zacks Research raised shares of Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $253.40.

Honeywell Aerospace Price Performance

NASDAQ HONA traded down $4.58 on Monday, hitting $216.17. 130,865 shares of the stock traded hands, compared to its average volume of 2,891,189. Honeywell Aerospace has a 12 month low of $200.00 and a 12 month 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.