UBS Group initiated coverage on shares of Honeywell Aerospace (NASDAQ:HONA – Free Report) in a report released on Monday morning, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $231.00 price objective on the stock.
A number of other equities analysts have also commented on HONA. JPMorgan Chase & Co. initiated coverage on Honeywell Aerospace in a research note on Friday, July 10th. They set a “neutral” rating and a $255.00 price target for the company. Morgan Stanley set a $235.00 price objective on Honeywell Aerospace in a research note on Wednesday, July 15th. Argus began coverage on Honeywell Aerospace in a report on Thursday, July 9th. They set a “buy” rating and a $275.00 price objective on the stock. Jefferies Financial Group began coverage on Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating and a $235.00 target price for the company. Finally, Evercore began coverage on shares of Honeywell Aerospace in a report on Monday, July 13th. They issued an “in-line” rating and a $250.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $253.75.
Read Our Latest Stock Analysis on HONA
Honeywell Aerospace Stock Up 3.8%
Honeywell Aerospace Company Profile
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.
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