Nomura Reiterates Buy on Honeywell International (HON)

By admin | 6 years ago

Honeywell International (NYSE: HON)‘s stock had its “buy” rating reiterated by equities research analysts at Nomura (NYSE: NMR) in a research note issued to investors on Thursday.

Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated an “outperform” rating on shares of Honeywell International in a research note to investors on Monday, April 30th. They now have a $73.00 price target on the stock. Separately, analysts at Oppenheimer (NYSE: OPY) raised their price target on shares of Honeywell International to $68.00 in a research note to investors on Monday, April 23rd. They now have an “outperform” rating on the stock. Finally, analysts at TheStreet upgraded shares of Honeywell International to a “buy” rating in a research note to investors on Monday, April 23rd.

Honeywell International opened at 55.48 on Thursday. Honeywell International has a 52-week low of $41.22 and a 52-week high of $62.00. The company has a market cap of $43.229 billion and a price-to-earnings ratio of 20.04.

Honeywell International last posted its quarterly earnings results on Friday, April 20th. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.99 by $0.05. Honeywell International’s revenue was up 7.3% compared to the same quarter last year. Analysts expect that Honeywell International will post $1.16 EPS next quarter.

Honeywell International Inc. (Honeywell) is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation.

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