Honeywell International (HON) : The consensus on Honeywell International (HON) based on 15 analyst recommendation on the company stock is 1.37, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 11 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Honeywell International (HON) stock is expected to deviate a maximum of $5.29 from the average target price of $127 for the short term period. 12 Street Experts have initiated coverage on the stock with the most promising target being $135 and the most muted being $115.
Also, Equity Analysts at the Argus Research maintains the rating on Honeywell International (NYSE:HON). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $125 per share to $130 per share. The rating by the firm was issued on July 26, 2016.
Honeywell International (NYSE:HON): After opening at $113.78, the stock dipped to an intraday low of $113.66 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $115.49 and the buying power remained strong till the end. The stock closed at $115.28 for the day, a gain of 1.10% for the day session. The total traded volume was 3,300,098. The stocks close on the previous trading day was $114.03.
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.