Zacks Rating on Huntington Bancshares Incorporated (HBAN)

Huntington Bancshares Incorporated (HBAN) : 5 brokerage houses believe that Huntington Bancshares Incorporated (HBAN) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Huntington Bancshares Incorporated (HBAN). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 16 Wall Street Analysts endorse the stock as a Buy with a rating of 2.31.

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 has dropped 6.44% during the last 3-month period . Year-to-Date the stock performance stands at -11.55%. Huntington Bancshares Incorporated (NASDAQ:HBAN): On Tuesdays trading session , Opening price of the stock was $9.68 with an intraday high of $9.7. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.59. However, the stock managed to close at $9.64, a loss of 0.10% for the day. On the previous day, the stock had closed at $9.65. The total traded volume of the day was 17,468,894 shares.

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.

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