Brokerage Firm Rating Update on Honeywell International (HON)

Honeywell International (HON) : 15 analysts are covering Honeywell International (HON) and their average rating on the stock is 1.37, which is read as a Strong Buy. 11 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Honeywell International (HON) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Honeywell International (HON) : The most positive equity analysts on Honeywell International (HON) expects the shares to touch $135, 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 $126.92 with an expected fluctuation of $5.37 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Argus Research maintains its view on Honeywell International (NYSE:HON) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Argus Research raises the price target from $125 per share to $130 per share on Honeywell International . The rating by the firm was issued on July 26, 2016.

Honeywell International (NYSE:HON): stock was range-bound between the intraday low of $113.73 and the intraday high of $115.73 after having opened at $115.52 on Wednesdays session. The stock finally closed in the red at $115.52, a loss of -1.27%. The stock remained in the red for the whole trading day. The total traded volume was 3,416,196 shares. The stock failed to cross $115.73 in Wednesdays trading. The stocks closing price on Thursday was $115.71.

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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