Morgan Stanley Maintains Their Buy Rating on Honeywell International (HON)


In a report released today, Joshua Pokrzywinski from Morgan Stanley maintained a Buy rating on Honeywell International (HON), with a price target of $190.00. The company’s shares closed last Monday at $163.41.

According to TipRanks.com, Pokrzywinski is a 3-star analyst with an average return of 3.8% and a 48.5% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Gardner Denver Holdings Inc, Gates Industrial Corp Plc, and Emerson Electric Company.

Currently, the analyst consensus on Honeywell International is a Strong Buy with an average price target of $187.57, a 12.2% upside from current levels. In a report released today, Cowen & Co. also assigned a Buy rating to the stock with a $180.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $178.47 and a one-year low of $123.48. Currently, Honeywell International has an average volume of 2.63M.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HON in relation to earlier this year.

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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