Honeywell Automation India Ltd. share price forecast

Item: Honeywell Automation India Ltd.
Rating: 5
Author: Sharekhan

Reco - This broker has downgraded this stock from it's previous report.
(eg. - Buy->Hold)

Target - Broker has maintained previous recommendation but reduced share price target.

Reco - This broker has upgraded this stock from it's previous report.
(eg. - Sell->Hold)

Target - Broker has maintained previous recommendation but increased share price target.

Click on any table column to sort reports by date, stock name, broker, price, target, upside or recommendation.

Summary	Date	Stock	Broker	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report		Discuss
	29 Dec 2020	Honeywell Automation..	Sharekhan	44556.20	44312.00	36986.85 (20.46%)	Target met	Buy	pdf post cache		Broker Report Honeywell Autom Sharekhan We maintain a Buy rating on Honeywell Automation India with a revised price target of Rs. 44,312, rolling forward our valuation multiple to FY2023E. Management expects FY2021 performance to be better than FY2020, backed by execution capabilities and growing demand for industrial automation and software solutions. Company likely to benefit from domestic growth, driven by rising technological capabilities... pdf Share Share on Share on Share on Share on Like Comment
	10 Nov 2020	Honeywell Automation..	Yes Securities	44556.20	36310.00	29063.50 (53.31%)	Target met	Buy	pdf post cache		Broker Report Honeywell Autom Yes Securities est.). However, lower tax expenses (19% yoy) negated the impactofdecreaseinotherincomepartially.Taxratestoodat 25.7% vs 27.8% in Q2FY20. PAT marginal beat (+4% vs our... pdf Share Share on Share on Share on Share on Like Comment