Honeywell Aerospace (NASDAQ:HONA) Coverage Initiated by Analysts at TD Cowen

TD Cowen started coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research report report published on Monday morning,Benzinga reports. The firm issued a hold rating and a $250.00 target price on the stock.

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

Honeywell Aerospace Price Performance

Shares of HONA stock traded up $5.78 during trading hours on Monday, hitting $226.86. 1,682,954 shares of the company were exchanged, compared to its average volume of 1,776,280. Honeywell Aerospace has a 52 week low of $200.00 and a 52 week 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.