UBS Maintains Honeywell International to Neutral with Price Target $115.00

Brokerage firm UBS Maintains its rating on Honeywell International(NYSE:HON). In a research note issued to the investors, the brokerage major Raises the price-target to $115.00 per share. The shares have been rated Neutral. The rating by UBS was issued on Jun 6, 2016.

In a different note, On Apr 25, 2016, Morgan Stanley said it Maintains its rating on Honeywell International. In the research note, the firm Raises the price-target to $123.00 per share. The shares have been rated ‘Overweight’ by the firm. On Apr 25, 2016, Citigroup said it Maintains its rating on Honeywell International. In the research note, the firm Raises the price-target to $131.00 per share. The shares have been rated ‘Buy’ by the firm. On Apr 25, 2016, Credit Suisse said it Maintains its rating on Honeywell International. In the research note, the firm Raises the price-target to $113.00 per share. The shares have been rated ‘Neutral’ by the firm. On Apr 25, 2016, Oppenheimer said it Maintains its rating on Honeywell International. In the research note, the firm Raises the price-target to $120.00 per share. The shares have been rated ‘Outperform’ by the firm. On Apr 25, 2016, Jefferies said it Maintains its rating on Honeywell International. In the research note, the firm Raises the price-target to $120.00 per share. The shares have been rated ‘Buy’ by the firm. On Apr 19, 2016, Citigroup said it Maintains its rating on Honeywell International. In the research note, the firm Raises the price-target to $124.00 per share. The shares have been rated ‘Buy’ by the firm.

Honeywell International (HON) shares turned negative on Fridays trading session with the shares closing down -0.53 points or -0.45% at a volume of 32,45,312. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $117.51. The peak price level was also seen at $117.51 while the days lowest was $116.22. Finally the shares closed at $116.68. The 52-week high of the shares is $117.51 while the 52-week low is $87. According to the latest information available, the market cap of the company is $88,924 M.

Honeywell International(HON) last announced its earnings results on Apr 22, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $9.52B. Analysts had an estimated revenue of $9.36B. Earnings per share were $1.53. Analysts had estimated an EPS of $1.50.

Several Insider Transactions has been reported to the SEC. On Jun 1, 2016, Krishna Mikkilineni (SrVP, Engineering, Ops & IT) sold 13,000 shares at $114.10 per share price.Also, On May 25, 2016, Andreas Kramvis (Vice Chairman) sold 38 shares at $113.98 per share price.On May 11, 2016, Timothy O. Mahoney (President & CEO, Aerospace) sold 38,630 shares at $115.23 per share price, according to the Form-4 filing with the securities and exchange commission.

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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