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Huntington Bancshares (NASDAQ:HBAN) was upgraded by research analysts at Portales Partners from an “underperform” rating to a “sector perform” rating in a report released on Monday.

Several other analysts have also recently commented on the stock. Analysts at SunTrust raised their price target on shares of Huntington Bancshares from $10.00 to $11.00 in a research note on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Bernstein raised their price target on shares of Huntington Bancshares from $9.00 to $10.00 in a research note on Monday. They now have a “market perform” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Huntington Bancshares from $10.00 to $11.00 in a research note on Monday. They now have a “sector perform” rating on the stock. Seventeen investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $10.17.

Huntington Bancshares (NASDAQ:HBAN) traded down 0.10% during mid-day trading on Monday, hitting $9.74. 9,226,222 shares of the company’s stock traded hands. Huntington Bancshares has a 52 week low of $8.04 and a 52 week high of $10.29. The stock’s 50-day moving average is $9.5 and its 200-day moving average is $9.46. The company has a market cap of $8.062 billion and a price-to-earnings ratio of 13.54.

Huntington Bancshares (NASDAQ:HBAN) last released its earnings data on Friday, July 18th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.01. The company had revenue of $716.80 million for the quarter, compared to the consensus estimate of $693.00 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts predict that Huntington Bancshares will post $0.72 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 1st. Shareholders of record on Wednesday, September 17th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.05%.

Huntington Bancshares Incorporated (NASDAQ:HBAN) is a multi-state diversified regional bank holding company.

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