Honeywell Aerospace (NASDAQ:HONA) Now Covered by JPMorgan Chase & Co.

JPMorgan Chase & Co. began coverage on shares of Honeywell Aerospace (NASDAQ:HONA) in a research note released on Friday, Marketbeat reports. The brokerage issued a neutral rating and a $255.00 price target on the stock.

Several other brokerages also recently commented on HONA. Argus began coverage on Honeywell Aerospace in a report on Thursday. They set a “buy” rating and a $275.00 target price for the company. Vertical Research initiated coverage on Honeywell Aerospace in a report on Wednesday, July 1st. They set a “hold” rating and a $243.00 price objective on the stock. Jefferies Financial Group started coverage on shares of Honeywell Aerospace in a research note on Monday, June 29th. They set a “hold” rating and a $235.00 price objective for the company. Wells Fargo & Company initiated coverage on shares of Honeywell Aerospace in a report on Wednesday, July 1st. They issued an “equal weight” rating and a $250.00 target price for the company. Finally, BNP Paribas Exane started coverage on shares of Honeywell Aerospace in a research report on Tuesday, June 30th. They issued a “neutral” rating and a $245.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $253.78.

Honeywell Aerospace Trading Down 1.1%

Shares of NASDAQ:HONA traded down $2.37 on Friday, reaching $220.75. 1,925,507 shares of the company traded hands, compared to its average volume of 3,060,334. Honeywell Aerospace has a fifty-two week low of $200.00 and a fifty-two week high of $297.50.

Honeywell Aerospace is a business segment of Honeywell that develops and manufactures aerospace products and services for commercial, defense, and space customers. Its offerings include avionics, engines, propulsion systems, mechanical components, flight control systems, auxiliary power units, and various connected aircraft solutions used in aircraft, helicopters, spacecraft, and defense platforms.

The company supports a broad range of applications across the aviation industry, including aircraft manufacturing, maintenance, and modernization.