Wells Fargo analyst Joe O’Dea maintained a Hold rating on Honeywell International (HON – Research Report) yesterday and set a price target of $213.00. The company’s shares closed last Friday at $197.69.
According to TipRanks, O’Dea is a 4-star analyst with an average return of 7.7% and a 58.97% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Johnson Controls, Eaton, and Emerson Electric Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Honeywell International with a $228.20 average price target.
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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 $9.44 billion and a net profit of $1.26 billion. In comparison, last year the company earned a revenue of $9.19 billion and had a net profit of $1.02 billion
Based on the recent corporate insider activity of 64 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.
Honeywell International (HON) Company Description:
Founded in 1885, North Carolina-based Honeywell International, Inc. is a technology and manufacturing company. It provides industry specific solutions including aerospace and automotive products and services; control technologies for buildings and homes; and performance materials. It operates through four segments, including Aerospace; Honeywell Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions.
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