'...is a quality performer however. Any break towards a single digit EV/ebit FY15e metric (getting near Euro95) is a real opportunity and frankly if you made some half-reasonable assumptions about 2016 you may even make the shares work for you near prevailing'.
The shares have shown some support at around that level at times of market extremity during the last couple of months:
This level still broadly stacks up from a quantitative metric perspective as numbers were reiterated during today's Q3 report:
Goes to show once again that industrial companies have to make their own luck in the current environment - and that predominately means a laser-like focus on costs and structure. It is for these rationales why I still prefer GE shares as prevailing as detailed at the above link.
The Honeywell presentation deck graphic above however really does resonate re the reality of the industrial world today.