Huntington Bancshares Inc. Reaches New 12-Month High at $9.91 (HBAN)
Shares of Huntington Bancshares (NASDAQ:HBAN) hit a new 52-week high during trading on Wednesday, American Banking News reports. The stock traded as high as $9.91 and last traded at $9.87, with a volume of 10,674,848 shares trading hands. The stock had previously closed at $9.77.
A number of analysts have recently weighed in on HBAN shares. Analysts at Janney Montgomery Scott initiated coverage on shares of Huntington Bancshares in a research note to investors on Tuesday. They set a “neutral” rating on the stock. Separately, analysts at Barclays upgraded shares of Huntington Bancshares from an “underweight” rating to an “equal weight” rating in a research note to investors on Monday, January 6th. They now have a $11.00 price target on the stock, up previously from $9.00. Finally, analysts at Guggenheim raised their price target on shares of Huntington Bancshares from $9.50 to $10.00 in a research note to investors on Tuesday, December 3rd. They now have a “neutral” rating on the stock. Seventeen analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $8.69.
Huntington Bancshares Incorporated (NASDAQ:HBAN) is a multi-state diversified regional bank holding company.
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