Honeywell Aerospace (NASDAQ:HONA) Given New $210.00 Price Target at BNP Paribas Exane

Honeywell Aerospace (NASDAQ:HONAGet Free Report) had its price target cut by research analysts at BNP Paribas Exane from $245.00 to $210.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. BNP Paribas Exane’s price target would suggest a potential upside of 28.21% from the stock’s previous close.

HONA has been the subject of several other research reports. TD Cowen assumed coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating and a $250.00 price target for the company. Evercore set a $210.00 price objective on shares of Honeywell Aerospace in a research report on Thursday. JPMorgan Chase & Co. initiated coverage on shares of Honeywell Aerospace in a research note on Friday, July 10th. They issued a “neutral” rating and a $255.00 target price for the company. Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Finally, Zacks Research raised Honeywell Aerospace to a “hold” rating in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $241.83.

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Honeywell Aerospace Stock Performance

Shares of Honeywell Aerospace stock traded down $39.85 during trading hours on Thursday, hitting $163.79. The company’s stock had a trading volume of 12,588,357 shares, compared to its average volume of 3,169,861. Honeywell Aerospace has a 12 month low of $150.03 and a 12 month high of $297.50.

Honeywell Aerospace (NASDAQ:HONAGet Free Report) last issued its quarterly earnings data on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The business had revenue of $4.35 billion during the quarter.

Hedge Funds Weigh In On Honeywell Aerospace

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HONA. Hardy Reed LLC bought a new position in shares of Honeywell Aerospace in the second quarter valued at about $1,151,000. Plan Group Financial LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter worth about $270,000. Mill Capital Management LLC bought a new stake in shares of Honeywell Aerospace during the 2nd quarter worth about $419,000. Bryn Mawr Trust Advisors LLC acquired a new position in Honeywell Aerospace in the 2nd quarter valued at about $1,301,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in Honeywell Aerospace in the 2nd quarter valued at about $8,809,000.

Honeywell Aerospace News Roundup

Here are the key news stories impacting Honeywell Aerospace this week:

About Honeywell Aerospace

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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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Analyst Recommendations for Honeywell Aerospace (NASDAQ:HONA)

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