Brokerages Set Honeywell Aerospace (NASDAQ:HONA) Target Price at $244.60

Honeywell Aerospace (NASDAQ:HONA) has received a consensus rating of “Hold” from the nine research firms that are currently covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $249.8333.

A number of brokerages have recently issued reports on HONA. Vertical Research started coverage on shares of Honeywell Aerospace in a research report on Wednesday, July 1st. They issued a “hold” rating and a $243.00 target price for the company. TD Cowen assumed coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 price objective for the company. Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a report on Monday, June 29th. Zacks Research upgraded shares of Honeywell Aerospace to a “hold” rating in a research report on Wednesday, July 1st. Finally, BNP Paribas Exane assumed coverage on shares of Honeywell Aerospace in a report on Tuesday, June 30th. They set a “neutral” rating and a $245.00 target price on the stock.

Honeywell Aerospace Price Performance

Shares of NASDAQ HONA opened at $238.14 on Wednesday. Honeywell Aerospace has a one year low of $200.00 and a one year high of $297.50.

Honeywell Aerospace is the aerospace business of Honeywell International, providing a broad range of products and services for commercial aviation, defense, and space applications. Its offerings include avionics, engines and engine controls, auxiliary power units, mechanical systems, and connectivity and navigation technologies used by aircraft manufacturers, airlines, and military operators.

The business serves customers across global aviation and defense markets, supporting aircraft platforms throughout the world.