Barclays Sticks to Their Buy Rating for Honeywell International (HON)
In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Honeywell International, with a price target of $251.00.
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Mitchell covers the Industrials sector, focusing on stocks such as nVent Electric, Honeywell International, and 3M. According to TipRanks, Mitchell has an average return of 16.6% and a 64.93% success rate on recommended stocks.
In a report released on June 5, BMO Capital also maintained a Buy rating on the stock with a $273.00 price target.
Based on Honeywell International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $9.14 billion and a net profit of $821 million. In comparison, last year the company earned a revenue of $9.82 billion and had a net profit of $1.45 billion
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