- Honeywell (HON, Financial) focuses on integrating products into customer operations to drive earnings growth.
- Analyst price targets suggest a potential 17.71% upside for Honeywell stock.
- Honeywell maintains an "Outperform" status with a positive growth outlook.
Honeywell International Inc. (NYSE: HON) is actively implementing a strategic approach to integrate its product offerings into customer operations, aiming for substantial earnings growth, enhanced margins, and consistent cash flow over the next five years. The company's commitment to investing in automation, along with the possibility of spinning off its aerospace and automation units, positions it to potentially unlock significant shareholder value.
Wall Street Analysts Forecast
According to predictions from 21 analysts, the one-year average price target for Honeywell International Inc. (HON, Financial) is set at $231.42. This average encompasses a high estimate of $300.00 and a low of $196.12, suggesting an upside potential of 17.71% from its current trading price of $196.60. For more detailed analysis and data, visit the Honeywell International Inc. (HON) Forecast page.
The consensus recommendation from 27 brokerage firms rates Honeywell International Inc. (HON, Financial) at an average of 2.4, indicative of an "Outperform" status. Notably, this rating scale spans from 1, reflecting a Strong Buy, to 5, suggesting a Sell.
GuruFocus projects the estimated GF Value for Honeywell International Inc. (HON, Financial) at $233.12 for the coming year, implying an upside of 18.58% from the current price point of $196.60. The GF Value is derived from the stock's historical trading multiples, business growth in the past, and anticipated future performance. More comprehensive data can be accessed on the Honeywell International Inc. (HON) Summary page.
