In a report released today, Gautam Khanna from Cowen & Co. maintained a Buy rating on Honeywell International (HON), with a price target of $180. The company’s shares closed on Thursday at $169.06, close to its 52-week high of $169.86.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 13.5% and a 75.6% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Huntington Ingalls, and Vista Outdoor.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Honeywell International with a $175.50 average price target, which is a 3.8% upside from current levels. In a report released today, Deutsche Bank also maintained a Buy rating on the stock with a $187 price target.
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Honeywell International’s market cap is currently $123.3B and has a P/E ratio of 18.81. The company has a Price to Book ratio of 6.78.
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, Linnet Deily, a Director at HON sold 4,234 shares for a total of $629,808.
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.
