- Honeywell International (HON, Financial) considers strategic restructuring to enhance focus in the Industrial Automation sector.
- Analysts project a modest stock price increase, with the average target slightly above the current market price.
- Current brokerage ratings suggest Honeywell is positioned to outperform the market.
Honeywell International (HON) is evaluating strategic options for its Productivity Solutions and Services and Warehouse and Workflow Solutions divisions. This strategic initiative aims to streamline its operations in the Industrial Automation sector. According to UBS analysts, this move could prove crucial in establishing Honeywell as a more concentrated automation powerhouse, potentially driving both growth and market valuation upward.
Wall Street Analysts' Forecast
Wall Street analysts provide a range of insights into Honeywell's (HON, Financial) potential market trajectory. Based on one-year price targets from 22 analysts, the average projected price for Honeywell International Inc is $244.03, indicating a potential upside of 2.59% from its current trading price of $237.86. Forecasts vary, with the highest target at $300.00 and a lower estimate at $206.00, reflecting diverse market sentiments. For further insights, visit the Honeywell International Inc (HON) Forecast page.
The consensus from 28 brokerage firms assigns Honeywell (HON, Financial) an average recommendation rating of 2.3, putting it into the "Outperform" category. This rating indicates a positive outlook, using a scale where 1 represents Strong Buy and 5 denotes Sell. Investors can interpret this as a signal of confidence from the analyst community.
Estimating Fair Value with GF Value
According to GuruFocus' proprietary metrics, the estimated GF Value for Honeywell International Inc (HON, Financial) over the next year is calculated at $233.78. This suggests a potential downside of 1.72% from the current price of $237.86. The GF Value assessment considers historical trading multiples, past growth, and future business performance forecasts. Explore comprehensive data on the Honeywell International Inc (HON) Summary page.
