Honeywell Aerospace (NASDAQ:HONA) Trading Down 4.3% – What’s Next?

Honeywell Aerospace (NASDAQ:HONA)’s share price fell 4.3% during trading on Monday . The company traded as low as $198.88 and last traded at $202.47. Approximately 3,190,978 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 3,001,724 shares. The stock had previously closed at $211.63.

Analyst Ratings Changes

HONA has been the subject of several recent research reports. Zacks Research raised Honeywell Aerospace to a “hold” rating in a report on Wednesday, July 1st. TD Cowen initiated coverage on Honeywell Aerospace in a research note on Monday, June 29th. They issued a “hold” rating and a $250.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on Honeywell Aerospace in a research report on Friday, July 10th. They set a “neutral” rating and a $255.00 price objective on the stock. BNP Paribas Exane initiated coverage on Honeywell Aerospace in a research note on Tuesday, June 30th. They set a “neutral” rating and a $245.00 price objective for the company. Finally, Vertical Research began coverage on Honeywell Aerospace in a research note on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $253.75.

Honeywell Aerospace Price 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.