Wells Fargo analyst Joe O’Dea maintained a Hold rating on Honeywell International (HON – Research Report) on January 18 and set a price target of $216.00. The company’s shares closed last Friday at $205.10.
According to TipRanks.com, O’Dea is a 2-star analyst with an average return of 1.9% and a 42.9% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Lennox International, and Illinois Tool Works.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Honeywell International with a $237.15 average price target, representing a 13.3% upside. In a report issued on January 4, Credit Suisse also downgraded the stock to Hold with a $226.00 price target.
The company has a one-year high of $236.86 and a one-year low of $194.55. Currently, Honeywell International has an average volume of 2.83M.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of HON in relation to earlier this year. Most recently, in October 2021, Robin Washington, a Director at HON bought 3,152 shares for a total of $223,477.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1885, North Carolina-based Honeywell International, Inc. is a technology and manufacturing company. It provides industry specific solutions including aerospace and automotive products and services; control technologies for buildings and homes; and performance materials. It operates through four segments, including Aerospace; Honeywell Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions.
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