UBS Group Begins Coverage on Honeywell Aerospace (NASDAQ:HONA)

Equities researchers at UBS Group began coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a note issued to investors on Monday, MarketBeat reports. The brokerage set a “neutral” rating and a $231.00 price target on the stock. UBS Group’s target price points to a potential upside of 9.15% from the company’s current price.

Several other research analysts also recently issued reports on HONA. Wells Fargo & Company began coverage on shares of Honeywell Aerospace in a research 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 research report on Sunday, July 12th. Vertical Research initiated coverage on shares of Honeywell Aerospace in a research note on Wednesday, July 1st. They issued a “hold” rating and a $243.00 target price for the company. BMO Capital Markets assumed coverage on shares of Honeywell Aerospace in a research report on Thursday, July 2nd. They set an “outperform” rating and a $276.00 target price on the stock. Finally, Melius Research raised shares of Honeywell Aerospace to a “strong-buy” rating in a research note on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $249.55.

Honeywell Aerospace Stock Performance

Shares of HONA stock opened at $211.63 on Monday. Honeywell Aerospace has a 52 week low of $200.00 and a 52 week high of $297.50.

About Honeywell Aerospace

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.