Honeywell International Inc (NYSE:HON):
Hengli Petrochemical To Use Honeywell Advanced Flare And Burner Technologies To Control Emissions.
The company is so far trading up by 0.25% since yesterday’s close of 146.38.
Honeywell International Inc., launched on November 24, 1999, is a technology and manufacturing company. The Company operates through four segments: Aerospace, Home and Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions..
Honeywell International Inc’s P/E ratio is 22.24 and the market value is 111.79B. In the latest earnings report the EPS was $6.60 with 761.82M shares outstanding.
Investors are feeling more bullish on Honeywell International Inc of late if you evaluate the change in short interest. The firm experienced a fall in short interest of -17.05% as of October 31, 2017 from the last reporting period. Short shares decreased from 9,802,102 to 8,130,820 over that period. Days to cover decreased -1.0 to 3.0 and the short interest percentage is 0.01% as of October 31.
A few investment firms have released opinions on HON. On October 23 Credit Suisse Group maintained a stock rating of “Neutral” targeting a price of $150.00. Royal Bank Of Canada raised the price target of the stock on October 23 boosting the projection from $148.00 to $156.00 and issued a “Outperform” rating.
October 20 investment analysts at Vertical Research reiterated a “Buy” rating on the company. October 19 investment analysts at Cowen and Company made no change to the company rating of “Buy” projecting a price of $150.00.
Equity analyst Argus raised the price target on October 12 changing the price objective from $152.00 to $160.00 and issued a “Buy” recommendation. On October 11 Robert W. Baird kept the stock rating at “Buy” with a current price target of $156.00.Advertisement