Honeywell Stock Could Offer More Upside From Current Levels
- Date: 17-Sep-2020
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
Honeywell Stock Could Offer More Upside From Current Levels
KIEV, UKRAINE - 2018/10/18: In this photo illustration, the Honeywell logo seen displayed on a ... [+] smartphone. Honeywell International Inc. is an American multinational conglomerate company that makes a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)
LightRocket via Getty Images
Honeywell's stock (NYSE:HON) trades at $168 currently and it has lost 3% of its value so far this year. It traded at a pre-Covid high of $178 in February, and it is currently 6% below this peak level. Also, HON stock has gained 64% from the low of $103 seen in March 2020, as the economies