Huntington Bancshares Incorporated (HBAN) Shares are Down -1.32%

Huntington Bancshares Incorporated (HBAN) has risen sharply, recording gains of 2.31% in the past 4 weeks. However, the stock has corrected -1.32% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 4.43% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.1% and the 50-Day Moving Average is 2.92%.The 200 Day SMA reached 1.84% Huntington Bancshares Incorporated is up 5.38% in the last 3-month period. Year-to-Date the stock performance stands at -10.08%.


Huntington Bancshares Incorporated (HBAN) : The consensus price target for Huntington Bancshares Incorporated (HBAN) is $10.64 for the short term with a standard deviation of $0.84. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $12, however, the pessimist price target for the company is $9.

Company shares have received an average consensus rating of Hold for the current week Huntington Bancshares Incorporated (NASDAQ:HBAN): stock was range-bound between the intraday low of $9.62 and the intraday high of $9.74 after having opened at $9.71 on Fridays session. The stock finally closed in the red at $9.71, a loss of -0.61%. The stock remained in the red for the whole trading day. The total traded volume was 18,595,869 shares. The stock failed to cross $9.74 in Fridays trading. The stocks closing price on Thursday was $9.79.

Huntington Bancshares Incorporated (Huntington) is a diversified regional bank holding company. The Company operates through its subsidiary, The Huntington National Bank (the Bank). It provides commercial, small business, consumer and mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services. It operates in five segments: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate, Regional Banking and The Huntington Private Client Group, and Home Lending. Its loan portfolio includes commercial and industrial, commercial real estate, construction CRE, automobile, home equity, residential mortgage and consumer loans/leases. The Bank has approximately 14 private client group offices and 715 branches, including 404 in Ohio, 43 in Indiana, 179 in Michigan, 31 in West Virginia, 48 in Pennsylvania and 10 in Kentucky.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.