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Honeywell International (HON) Stock Forecast & Price Target

Honeywell International logo
$228.32 +1.44 (+0.63%)
(As of 12/20/2024 05:40 PM ET)

Honeywell International - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
10
Buy
7

Based on 17 Wall Street analysts who have issued ratings for Honeywell International in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 10 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for HON.

Consensus Price Target

$249.57
9.31% Upside
According to the 17 analysts' twelve-month price targets for Honeywell International, the average price target is $249.57. The highest price target for HON is $298.00, while the lowest price target for HON is $210.00. The average price target represents a forecasted upside of 9.31% from the current price of $228.32.
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HON Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
10 Hold rating(s)
9 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$249.57$241.45$223.13$213.90
Forecasted Upside9.31% Upside6.94% Upside9.72% Upside4.02% Upside
Consensus Rating
Hold
Hold
Hold
Hold

HON Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HON Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Honeywell International Stock vs. The Competition

TypeHoneywell InternationalMulti-Sector Conglomerates CompaniesS&P 500
Consensus Rating Score
2.47
2.65
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside9.31% Upside25.51% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent HON News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetHold ➝ Hold$220.00 ➝ $260.00+10.90%
12/12/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$227.00 ➝ $256.00+11.58%
12/11/2024Hsbc Global Res
0 of 5 stars
P. Garg
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UpgradeStrong-Buy
12/11/2024HSBC
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 UpgradeHold ➝ Buy$290.00+26.59%
12/9/2024Citigroup
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 Boost TargetBuy ➝ Buy$244.00 ➝ $268.00+18.39%
12/5/2024Barclays
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 Boost TargetOverweight ➝ Overweight$252.00 ➝ $260.00+14.68%
12/3/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$253.00 ➝ $253.00+13.00%
11/14/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$220.00 ➝ $240.00+2.97%
11/13/2024UBS Group
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D. Karas
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Reiterated RatingNeutral ➝ Buy$215.00 ➝ $298.00+27.44%
11/13/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$215.00 ➝ $254.00+8.75%
10/28/2024Wolfe Research
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N. Coe
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DowngradeOutperform ➝ Peer Perform
10/25/2024Baird R W
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P. Arment
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DowngradeStrong-Buy ➝ Hold
10/25/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$235.00 ➝ $233.00+11.98%
10/25/2024Robert W. Baird
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 DowngradeOutperform ➝ Neutral$223.00 ➝ $217.00+3.78%
9/6/2024Morgan Stanley
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 Initiated CoverageEqual Weight$210.00+3.46%
6/5/2024Daiwa America
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J. Nathan
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UpgradeModerate Buy
4/16/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuy ➝ Hold$227.00 ➝ $215.00+10.80%
3/6/2024Berenberg Bank
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 UpgradeHold ➝ Buy$195.00 ➝ $240.00+21.61%
4/28/2023Mizuho
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 Boost Target$220.00 ➝ $225.00+13.29%
2/3/2023Credit Suisse Group
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 Lower TargetNeutral$202.00 ➝ $200.00-3.56%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:03 PM ET.


Should I Buy Honeywell International Stock? HON Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these Honeywell International pros and cons to contact@marketbeat.com.

Honeywell International
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Honeywell International Inc.:

  • The recent increase in the quarterly dividend to $1.13 per share, up from $1.08, reflects the company's commitment to returning value to shareholders, resulting in an annualized dividend of $4.52 and a yield of 1.97%.
  • Honeywell International Inc. has a strong market capitalization of $148.96 billion, indicating a robust financial position and stability in the market.
  • Analysts have set a consensus target price of $244.36, suggesting potential upside from the current stock price of $228.68, which could attract investors looking for growth opportunities.
  • The company has a relatively low dividend payout ratio of 52.19%, allowing for reinvestment in growth initiatives while still providing returns to shareholders.
  • Recent analyst upgrades, including Citigroup raising their price target to $268.00 and Barclays to $260.00, indicate positive sentiment and confidence in the company's future performance.

Honeywell International
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Honeywell International Inc. for these reasons:

  • Several analysts have downgraded their ratings on Honeywell International Inc., with Robert W. Baird moving from "outperform" to "neutral," which may signal concerns about the company's growth prospects.
  • The stock has a P/E ratio of 26.45, which may be considered high compared to industry averages, potentially indicating that the stock is overvalued.
  • With a beta of 1.05, Honeywell International Inc. exhibits volatility that is slightly higher than the market, which could pose risks for conservative investors.
  • Despite the positive dividend news, the company's PEG ratio of 2.82 suggests that the stock may be expensive relative to its earnings growth rate, which could deter value-focused investors.
  • Recent trading activity shows that the stock has fluctuated between a twelve-month low of $189.66 and a high of $242.77, indicating potential instability in its price performance.

HON Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Honeywell International is $249.57, with a high forecast of $298.00 and a low forecast of $210.00.

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Honeywell International in the last twelve months. There are currently 10 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HON shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HON, but not buy additional shares or sell existing shares.

According to analysts, Honeywell International's stock has a predicted upside of 9.31% based on their 12-month stock forecasts.

Over the previous 90 days, Honeywell International's stock had 4 downgrades and 2 upgrades by analysts.

Analysts like Honeywell International less than other "multi-sector conglomerates" companies. The consensus rating for Honeywell International is Hold while the average consensus rating for "multi-sector conglomerates" companies is Moderate Buy. Learn more on how HON compares to other companies.


This page (NASDAQ:HON) was last updated on 12/21/2024 by MarketBeat.com Staff
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