In a report released today, Joshua Pokrzywinski from Morgan Stanley maintained a Buy rating on Honeywell International (HON), with a price target of $183. The company’s shares opened today at $168.25, close to its 52-week high of $169.86.
According to TipRanks.com, Pokrzywinski is a 3-star analyst with an average return of 5.7% and a 58.5% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Gates Industrial Corp Plc, Emerson Electric Company, and Rockwell Automation Inc.
Honeywell International has an analyst consensus of Strong Buy, with a price target consensus of $178.29, a 6.0% upside from current levels. In a report issued on April 18, Cowen & Co. also maintained a Buy rating on the stock with a $168 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $169.86 and a one-year low of $123.48. Currently, Honeywell International has an average volume of 2.89M.
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.
