Honeywell Aerospace (NASDAQ:HONA) Shares Up 1.2% – What’s Next?

Honeywell Aerospace (NASDAQ:HONA) shares traded up 1.2% during trading on Friday . The company traded as high as $209.77 and last traded at $206.74. Approximately 2,300,579 shares traded hands during trading, a decline of 19% from the average session volume of 2,837,645 shares. The stock had previously closed at $204.32.

Wall Street Analysts Forecast Growth

HONA has been the subject of several research analyst reports. Wall Street Zen raised shares of Honeywell Aerospace to a “hold” rating in a report on Sunday, July 12th. Wolfe Research initiated coverage on shares of Honeywell Aerospace in a research report on Monday, June 29th. They set a “hold” rating on the stock. Morgan Stanley set a $235.00 price target on shares of Honeywell Aerospace in a research note on Wednesday, July 15th. TD Cowen began coverage on shares of Honeywell Aerospace in a report on Monday, June 29th. They issued a “hold” rating and a $250.00 price objective for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Honeywell Aerospace in a research note on Friday, July 10th. They set a “neutral” rating and a $255.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $253.75.

Honeywell Aerospace Stock Performance

About Honeywell Aerospace

Honeywell Aerospace Inc manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry. The company offers actuation products, air and thermal management products, auxiliary power units, cabin management and entertainment products, cockpit systems and displays, electric power products, engines, health and usage monitoring products, lighting products, microelectronics, navigation products and radios, recorders and transmitters, satellite communications, sensors, space products, terrain and traffic awareness, vehicle turbochargers, weather radars, and wheels and braking systems.