Deutsche Bank Reiterates Buy Rating on Honeywell with $263 Target
Honeywell's stock remains a buy for Deutsche Bank with a price target of $263, a 17.25% upside from the current price.
Key Points
- Deutsche Bank maintained its buy rating on Honeywell International Inc. (HON) with a price target of $263 on June 30, 2026.
- Deutsche Bank's $263 price target implies 17.25% upside from Honeywell International Inc.'s ($HON) current $224.30 share price.
- Shares of Honeywell traded near $224.78 on Tuesday, with a market cap of $147.1 billion and a P/E ratio of 18.5.
- Other analysts, including Daiwa Capital, also upgraded Honeywell, reflecting positive sentiment among analysts.
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Deutsche Bank reiterated its buy rating for Honeywell International Inc. (NasdaqGS: HON) on June 30, 2026, setting a price target of $263. Shares of Honeywell traded near $224.78 on Tuesday, reflecting continued investor interest in the stock.
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Honeywell International Inc. Stock Up 3.2%
On Tuesday, Honeywell's shares were trading around $224.78. The company has a market capitalization of approximately $147.1 billion. Honeywell's price-to-earnings ratio stands at 18.5, indicating how much investors are willing to pay per dollar of earnings. The stock's 52-week range is between $226.29 and $496.36, with recent averages showing a 50-day moving average of $442.51 and a 200-day moving average of $429.45. Honeywell's beta is 0.843, suggesting it is less volatile than the broader market.
$HON price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Analysts Set New Price Targets
On June 30, 2026, Deutsche Bank maintained its buy rating on Honeywell, setting a price target of $263. On the same day, Daiwa Capital upgraded the stock to a buy with a $255 target. Meanwhile, Morgan Stanley maintained a hold rating, setting a higher target of $490 on June 29. RBC Capital reiterated its buy rating with a target of $275 earlier in June.
About Honeywell International Inc.
Honeywell International Inc. is a global conglomerate headquartered in Charlotte, North Carolina. The company operates in sectors like aerospace technologies, industrial automation, building automation, and energy solutions. Honeywell provides a wide range of products and services, including avionics, automation control, and energy management systems. Led by CEO Mr. Vimal M. Kapur, the company employs around 101,000 people worldwide.
Bottom Line
Deutsche Bank's reiterated buy rating with a $263 target underscores confidence in Honeywell's performance. The stock's current trading level and recent analyst upgrades suggest ongoing interest in the company's future prospects. Investors should note that the provided ratings and targets reflect analyst opinions as of the specified dates and may not capture current market dynamics.
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