Honeywell International Inc.

🇺🇸NASDAQ Global Select
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Honeywell International Inc. stock analysis HON overview
Somewhat Bullish +35

Analysts Offer Insights on Industrial Goods Companies: Honeywell International (HON), United Rentals (URI) and Vertiv Holdings (VRT)

🏭 Honeywell International maintains a Moderate Buy consensus rating with a $253.07 price target representing 18.9% upside potential.

⚠️ Wells Fargo analyst Joe O’Dea issued a Hold rating on HON on April 24 with a $230.00 price target, below recent highs.

📉 Honeywell’s stock faces multiple downgrades recently, including actions by TipRanks, Citi, TD Cowen, and Barclays reducing price targets.

🔧 United Rentals is viewed as a Strong Buy on The Street with an average price target of $1072.09 indicating 7.4% upside.

✅ Bernstein analyst Chad Dillard maintains a Buy rating on URI after shares closed at $974.41 last Friday.

💰 Vertiv Holdings carries a Strong Buy consensus with a $335.59 price target, showing modest 2.3% upside from current levels.

🌡️ Mizuho Securities analyst Brett Linzey supports VRT with a Buy rating and $340.00 price target established on April 24.

📊 Analysts covering the Industrial Goods sector include experts like Joe O’Dea, Chad Dillard, and Brett Linzey who track Emerson Electric and others.

🔎 TipRanks identifies Hedge Fund-level data as a source for these insights into industrial goods companies.

📅 Honeywell earnings calls highlighted caution regarding near-term aerospace headwinds while maintaining strategic growth potential through 2026.

Bullish Signals
  • Honeywell International maintains a Moderate Buy analyst consensus with an average price target of $253.07, indicating 18.9% upside potential from current levels.
  • Bernstein analyst Chad Dillard maintains a Buy rating on United Rentals with a high success rate of 70.1% and an average return of 12.7%.
  • The Street suggests a Strong Buy consensus for United Rentals, with price targets ranging up to $1072.09 representing 7.4% upside.
  • Mizuho Securities analyst Brett Linzey maintains a Buy rating on Vertiv Holdings with an exceptional average return of 16.9% and a 73.5% success rate.
  • Vertiv Holdings enjoys a Strong Buy consensus with multiple analysts maintaining buy ratings, including an initiation by Exane BNP Paribas with a price target of $345.00.
  • Analyst Tipranks downgraded Honeywell to Hold but maintained a $240.00 price target, while other major firms like Citi and TD Cowen have targets in the high $200s supporting near-term strength.
  • The industrial goods sector continues to receive significant analyst coverage with multiple top-performing stocks receiving positive ratings from highly successful analysts.
Risk Factors
  • Honeywell International faces lowered price targets from multiple major analysts, with Citigroup reducing their target to $257 from $265 and TD Cowen cutting theirs to $230 from $240.
  • Barclays has also lowered its Honeywell price target to $243 from a previous $255, indicating reduced near-term optimism from institutional investors.
  • Wells Fargo analyst Joe O'Dea maintained a Hold rating on Honeywell International, preventing an upgrade despite a 18.9% upside consensus.
  • TipRanks downgraded Honeywell to a Hold rating in a report issued on April 23, with a lower $240 price target than the overall consensus.
  • The article contains multiple third-party paid content disclosures and disclaimers that cast doubt on the objectivity of the analyst coverage presented.
  • Honeywell's earnings call is described as balancing strength with caution, suggesting significant near-term uncertainties despite a long-term buy rating.
Full Analysis
Analysts provided fresh commentary on key industrial goods companies including Honeywell International (HON), United Rentals (URI), and Vertiv Holdings (VRT) as of late April. Wells Fargo analyst Joe O'Dea issued a Hold rating on Honeywell on April 24 with a price target of $230.00, while the stock's previous close was $213.17; O'Dea holds a 5-star Track Record with an 11.5% average return and a 61.4% success rate. The broader consensus for Honeywell remains Moderate Buy with an average price target of $253.07, representing an 18.9% upside from current levels. However, recent activity has seen price targets lowered across major firms, including Citigroup reducing its target to $257, TD Cowen lowering it to $230 from $240, and Barclays cutting it to $243 from $255. Additionally, a report from April 23 downgraded the stock to Hold with a $240.00 price target. United Rentals (URI) shares closed last Friday at $974.41 after Bernstein analyst Chad Dillard maintained a Buy rating on April 24 with a target of $1072.09, implying a 7.4% upside; Dillard is noted as a 5-star analyst covering the sector with a 70.1% success rate. Market sentiment for URI leans toward Strong Buy overall, reinforced by an earlier upgrade on April 10 that set a target of $841.00. Meanwhile, Mizuho Securities analyst Brett Linzey kept his Buy rating on Vertiv Holdings on April 24 at $340.00, though the stock closed at $323.46. The general street consensus for Vertiv is Strong Buy with a price target of $335.59, suggesting a 2.3% upside from current levels, following Exane BNP Paribas initiating coverage on April 14 with a Buy rating and a $345.00 target.