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

Tuesday, February 27, 2024 03:36 PM | InvestorsObserver Analysts

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

Wall Street is positive on Huntington Bancshares Incorporated (HBAN). On average, analysts give the stock a Buy rating. The average price target is $14.441, which means analysts expect the stock to add by 11.34% over the next twelve months. That average ranking earns the stock an Analyst Rating of 31, which is better than 31% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.8
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?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Huntington Bancshares Incorporated Stock Today?

Huntington Bancshares Incorporated (HBAN) stock is trading at $12.97 as of 3:31 PM on Tuesday, Feb 27, a rise of $0.19, or 1.49% from the previous closing price of $12.78. The stock has traded between $12.83 and $13.02 so far today. Volume today is below average. So far 10,443,828 shares have traded compared to average volume of 18,033,685 shares. Click Here to get the full Stock Report for Huntington Bancshares Incorporated stock.

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