Honeywell (HON) Change of Rating

Stock research analysts at RBC Capital’s equities research division decreased Honeywell (HON)’s stock rating from Outperform to Sector Perform on Wednesday, 3 January.

The rating downgrade was noticed by stock investors, as HON is currently trading 0.00% lower at $0.00 as of 12:06 AM New York time. Honeywell shares have [From2] 0% in the last 200 days, while the S&P 500 has risen 6.00% in the same time period.

According to data compiled by Thomson Reuters, Honeywell (HON)’s stock is covered by 19 equity analysts across the Street, with 0 analysts giving it a Sell rating, 17 a Buy rating, while 4 consider it a Hold. The 12-month consensus target price for the stock is $125.63, which reflects an upside potential of ∞% over the current price.

Institutional Ownership

Gabalex Capital Management Llc had the biggest stake with ownership of 200,000 shares as of Q2 2015 for 8.12% of the stocks portfolio. Evercore Trust Company N.A. is another very bullish investment manager who is possessing 19.71M shares of Honeywell or 7.51% of their stocks portfolio. Further, Suncoast Equity Management have 6.34% of their stocks portfolio invested in the company for 180,389 shares. The Ohio-based fund Randolph Co Inc revealed it had bought a stake worth about 6.24% of the investment manager’s stock portfolio in Honeywell. The Ohio-based fund Cincinnati Financial Corp is also positive about the stock, possessing 212,230 shares or 6.13% of their stocks portfolio.

Honeywell (HON) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Honeywell has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

Get the latest Honeywell (HON) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

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