Honeywell Aerospace (NASDAQ:HONA) Coverage Initiated by Analysts at Wolfe Research

Wolfe Research assumed coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a report issued on Monday morning,Benzinga reports. The firm issued a peer perform rating on the stock.

A number of other research firms have also weighed in on HONA. Wells Fargo & Company started coverage on shares of Honeywell Aerospace in a report on Wednesday. They set an “equal weight” rating and a $250.00 target price on the stock. BNP Paribas Exane set a $245.00 price target on shares of Honeywell Aerospace and gave the company a “neutral” rating in a research note on Tuesday. TD Cowen assumed coverage on shares of Honeywell Aerospace in a report on Monday. They set a “hold” rating and a $250.00 price target on the stock. Jefferies Financial Group set a $235.00 price objective on shares of Honeywell Aerospace and gave the stock a “hold” rating in a research note on Monday. Finally, Vertical Research initiated coverage on Honeywell Aerospace in a report on Wednesday. They issued a “hold” rating for the company. Six research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $245.00.

Honeywell Aerospace Trading Up 2.6%

NASDAQ HONA traded up $5.78 during trading hours on Monday, reaching $226.86. The company’s stock had a trading volume of 1,682,954 shares, compared to its average volume of 1,776,280. Honeywell Aerospace has a 52 week low of $200.00 and a 52 week high of $297.50.

Honeywell Aerospace is a business unit of Honeywell that provides technology, systems, and services for the aviation industry. Its offerings are used across commercial aviation, defense, and space applications and include avionics, engines and propulsion components, cockpit and navigation systems, auxiliary power units, and other aircraft systems designed to improve safety, efficiency, and performance.

The business supports a wide range of customers, including aircraft manufacturers, airlines, military organizations, and maintenance providers.