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Where Does Wall Street Think Huntington Bancshares Incorporated (HBAN) Stock Will Go?

Friday, December 08, 2023 02:24 PM | InvestorsObserver Analysts

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Where Does Wall Street Think Huntington Bancshares Incorporated (HBAN) Stock Will Go?

Analysts who follow Huntington Bancshares Incorporated (HBAN) on average expect it to add 0.47% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Huntington Bancshares Incorporated an Analyst Ranking of 19, which means it ranks higher than 19 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.5
Wall Street analysts are rating HBAN a Buy today. Find out what this means to you and get the rest of the rankings on HBAN!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With Huntington Bancshares Incorporated Stock Today?

Huntington Bancshares Incorporated (HBAN) stock is trading at $12.01 as of 2:23 PM on Friday, Dec 8, an increase of $0.15, or 1.25% from the previous closing price of $11.86. The stock has traded between $11.81 and $12.05 so far today. Volume today is 10,376,938 compared to average volume of 13,810,193. Click Here to get the full Stock Report for Huntington Bancshares Incorporated stock.

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