Huntington Bancshares Incorporated (HBAN) : Traders are bullish on Huntington Bancshares Incorporated (HBAN) as it has outperformed the S&P 500 by a wide margin of 2.21% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.57%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.89% in the last 1 week, and is up 2% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.43% and the fifty day Moving Average is 4.89%. Huntington Bancshares Incorporated has dropped 7.73% during the last three month period . Year-to-Date the stock performance stands at -11.09%.
Huntington Bancshares Incorporated (HBAN) stock is expected to deviate a maximum of $0.84 from the average target price of $10.64 for the short term period. 14 Street Experts have initiated coverage on the stock with the most promising target being $12 and the most muted being $9.
Huntington Bancshares Incorporated (NASDAQ:HBAN): stock turned positive on Friday. Though the stock opened at $9.68, the bulls momentum made the stock top out at $9.705 level for the day. The stock recorded a low of $9.56 and closed the trading day at $9.69, in the green by 0.94%. The total traded volume for the day was 15,014,376. The stock had closed at $9.6 in the previous days trading.
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.