Honeywell Aerospace Stock Surges 1.8% Amid Analyst Debate

Honeywell Aerospace's (NASDAQ:HONA) stock price rose by 1.8% during mid-day trading on Thursday, reaching a high of $169.74 and closing at $167.13. The company traded 7,599,546 shares, a 109% increase from the average session volume of 3,635,116 shares.

Several analysts have weighed in on HONA shares, with some issuing buy and hold ratings while others have downgraded the stock to sell. According to MarketBeat data, six analysts have rated the stock as a buy, nine have given it a hold rating, and two have issued a sell rating.

The company's current consensus rating is 'hold' with an average target price of $219.29. Honeywell Aerospace has a market cap of $52.97 billion and a PE ratio of 89.37. The stock has a fifty-day simple moving average of $180.33.