Honeywell International (HON): Price Target and June Short Interest Disclosure

Honeywell International (HON) : Average target price received by Honeywell International (HON) is $125.17 with an expected standard deviation of $4.8. The most aggressive target on the stock is $130, whereas the most downbeat target is $115. 12 financial analysts are currently covering the stock.

Honeywell International (HON) stated gains of 306,869 shares or 5.5% in the short interest. The short interest registered from 5,545,333 on June 15,2016 to 5,852,202 on June 30,2016. In terms of floated shares, the shorted positions stood at 0.8%. The stock has been averaging 3,038,073 shares daily in trading and would need 2 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, In the latest statement by the brokerage house, UBS maintains its outlook on Honeywell International (NYSE:HON). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $105 per share to $115 per share. The rating by the firm was issued on June 6, 2016.


Honeywell International (NYSE:HON): stock turned positive on Thursday. Though the stock opened at $119.67, the bulls momentum made the stock top out at $120.02 level for the day. The stock recorded a low of $118.9 and closed the trading day at $119.09, in the green by 0.03%. The total traded volume for the day was 2,415,973. The stock had closed at $119.05 in the previous days trading.

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.

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