Honeywell Aerospace Stock Hits New Low Amid Analyst Ratings
Honeywell Aerospace's stock price reached a new 52-week low on Thursday during mid-day trading, hitting as low as $149.19 and eventually closing at $152.14.
The company has received various ratings from analysts, with JPMorgan Chase & Co. assigning a 'neutral' rating and a $255.00 target price for Honeywell Aerospace in July. BNP Paribas Exane dropped their target price on shares of Honeywell Aerospace from $245.00 to $210.00 and set a 'neutral' rating on the stock in August.
According to MarketBeat, one analyst has given Honeywell Aerospace a 'Strong Buy' rating, five have assigned a 'Buy' rating, and nine have given a 'Hold' rating to the company's stock, resulting in a consensus rating of 'Hold' with a target price of $224.17.
Honeywell Aerospace reported its quarterly earnings data on June 15th, announcing earnings per share (EPS) of $6,340,000 and revenue of $4.35 billion for the quarter.