Honeywell International (HON) has an average broker rating of 1.37, which is interpreted as a Strong Buy, as rated by 15 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Honeywell International (HON) : The most positive equity analysts on Honeywell International (HON) expects the shares to touch $130, whereas, the least positive believes that the stock will trade at $115 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $124.92 with an expected fluctuation of $4.66 from the mean.
Honeywell International (NYSE:HON): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $115.48 and $114.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $116.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $116.82, notching a gain of 1.38% for the day. The total traded volume was 3,098,165 . The stock had closed at $115.23 on the previous day.
Also, Major Brokerage house, UBS maintains its ratings on Honeywell International (NYSE:HON). In the latest research report, UBS raises the target price from $105 per share to $115 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on June 6, 2016. The company shares have rallied 14.12% from its 1 Year high price. On Jun 20, 2016, the shares registered one year high at $118.53 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $114.92 and the 200 Day Moving Average price is recorded at $109.25.
Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company. The Company is engaged in serving customers across the world with aerospace products and services, turbochargers, control, sensing and security technologies for buildings, homes and industry, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. The Company operates in segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment is a supplier of aircraft engines, integrated avionics, systems and service solutions, and related products and services. ACS segment provides environmental and combustion controls, sensing controls, security and life safety products and services. Its PMT segment develops and manufactures advanced materials, process technologies and automation solutions.