Honeywell Aerospace Earns Consensus Hold Rating From Brokerages

Honeywell Aerospace (NASDAQ:HONA) has received a consensus rating of 'Hold' from 15 brokerages covering the company, according to Marketbeat. Among these analysts, nine have assigned a hold rating, five have issued a buy rating, and one has given a strong buy rating.

The average 12-month target price among analysts is $224.1667, as reported by Marketbeat. Several research firms have recently weighed in on HONA, with upgrades and downgrades coming from various institutions.

Institutional investors have also taken notice of Honeywell Aerospace, with BlackRock Inc., Wellington Management Group LLP, Bank of America Corp DE, Bank of New York Mellon Corp, and UBS AM acquiring new positions in the company during the second quarter. These investments total approximately $13.15 billion.