Honeywell Aerospace (NASDAQ:HONA) Price Target Lowered to $210.00 at BNP Paribas Exane

Honeywell Aerospace (NASDAQ:HONAGet Free Report) had its price target decreased by research analysts at BNP Paribas Exane from $245.00 to $210.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. BNP Paribas Exane’s target price points to a potential upside of 28.21% from the company’s previous close.

A number of other brokerages have also issued reports on HONA. Argus initiated coverage on shares of Honeywell Aerospace in a research report on Thursday, July 9th. They set a “buy” rating and a $275.00 target price on the stock. Wall Street Zen upgraded Honeywell Aerospace to a “hold” rating in a research note on Sunday, July 12th. Zacks Research raised Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. Melius Research upgraded Honeywell Aerospace to a “strong-buy” rating in a research report on Monday, June 29th. Finally, Morgan Stanley set a $235.00 price target on Honeywell Aerospace in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $241.83.

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Honeywell Aerospace Trading Down 19.6%

HONA stock traded down $39.85 during trading hours on Thursday, hitting $163.79. 12,588,357 shares of the stock were exchanged, compared to its average volume of 3,169,861. Honeywell Aerospace has a 12 month low of $150.03 and a 12 month high of $297.50.

Honeywell Aerospace (NASDAQ:HONAGet Free Report) last announced its earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The business had revenue of $4.35 billion during the quarter.

Institutional Investors Weigh In On Honeywell Aerospace

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Trifecta Capital Advisors LLC bought a new position in Honeywell Aerospace in the 2nd quarter valued at approximately $67,000. Kelleher Financial Advisors bought a new stake in shares of Honeywell Aerospace during the second quarter worth $78,000. One Wealth Advisors LLC acquired a new position in shares of Honeywell Aerospace during the second quarter worth $210,000. Bridgewater Advisors Inc. acquired a new position in shares of Honeywell Aerospace during the second quarter worth $236,000. Finally, Silverlake Wealth Management LLC bought a new position in shares of Honeywell Aerospace in the 2nd quarter valued at $252,000.

Honeywell Aerospace News Summary

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About Honeywell Aerospace

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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.

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