Honeywell International (HON) Receives a Hold from Oppenheimer


Oppenheimer analyst Christopher Glynn assigned a Hold rating to Honeywell International (HON) today. The company’s shares opened today at $167.52, close to its 52-week high of $169.86.

According to TipRanks.com, Glynn is a 4-star analyst with an average return of 6.2% and a 59.4% success rate. Glynn covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Roper Technologies, and Eaton Corporation.

Honeywell International has an analyst consensus of Strong Buy, with a price target consensus of $168.50.

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Based on Honeywell International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $9.73 billion and net profit of $1.72 billion. In comparison, last year the company earned revenue of $10.39 billion and had a net profit of $1.44 billion.

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.

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