A statement released earlier today by RBC Capital about Honeywell (NYSE:HON) drops the target price to $133.00
- Updated: October 9, 2016
Yesterday Honeywell (NYSE:HON) traded -7.50% lower at $106.94. The company’s 50-day average is $115.34 and its two hundred day average is $115.12. The last stock price close is down -7.10% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 20,446,322 shares of the stock traded hands, up from an average trading volume of 2,948,420
Honeywell (NYSE:HON) had its target price lowered to $133.00 by RBC Capital in a report released 10/10/2016. The new target price indicates a possible upside of 0.24% based on the company's last closing price.
Previously on 10/06/2016, Robert W. Baird reported on Honeywell (NYSE:HON) raised the target price from $0.00 to $135.00. At the time, this indicated a possible upside of 0.17%.
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Honeywell has a 52 week low of $93.71 and a 52 week high of $120.02 with a P/E ratio of 16.92 The company’s market cap is currently $0.
In addition to RBC Capital reporting its stock price target, a total of 19 brokers have issued a report on the company. The average stock price target is $125.63 with 7 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Honeywell (NYSE:HON)
Honeywell International Inc. (Honeywell) is a technology and manufacturing company. The Company operates in three segments: Aerospace, Automation and Control Solutions (ACS), and Performance Materials and Technologies (PMT). Its Aerospace segment supplies aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors. The ACS segment provides environmental and energy solutions; sensors, switches and controls for sensing and productivity solutions; security and fire safety products; industrial safety products, and building solutions and services for homes, commercial buildings and industrial facilities. The PMT segment develops and manufactures materials, process technologies and automation solutions. Its PMT segment includes UOP Russell LLC (UOP), Process Solutions and Advanced Materials businesses.
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