Analysts’ Recent Ratings Changes for Huntington Bancshares (HBAN)

A number of research firms have changed their ratings and price targets for Huntington Bancshares (NASDAQ: HBAN):

  • 2/10/2018 – Huntington Bancshares was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 2/9/2018 – Huntington Bancshares was upgraded by analysts at Hilliard Lyons from a “neutral” rating to a “buy” rating. They now have a $17.00 price target on the stock.
  • 2/2/2018 – Huntington Bancshares was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 1/26/2018 – Huntington Bancshares had its price target raised by analysts at Morgan Stanley from $16.50 to $17.00. They now have an “equal weight” rating on the stock.
  • 1/25/2018 – Huntington Bancshares had its price target raised by analysts at JPMorgan Chase & Co. from $16.00 to $17.00. They now have a “neutral” rating on the stock.
  • 1/24/2018 – Huntington Bancshares had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $16.75 price target on the stock.
  • 1/24/2018 – Huntington Bancshares was downgraded by analysts at Hilliard Lyons from a “buy” rating to a “neutral” rating. They now have a $17.00 price target on the stock.
  • 1/24/2018 – Huntington Bancshares had its price target raised by analysts at Bank of America Corp from $17.00 to $18.00. They now have a “buy” rating on the stock.
  • 1/24/2018 – Huntington Bancshares was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating. They now have a $16.50 price target on the stock, up previously from $16.04.
  • 1/24/2018 – Huntington Bancshares had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $18.00 price target on the stock.
  • 1/23/2018 – Huntington Bancshares had its “buy” rating reaffirmed by analysts at Sandler O’Neill. They now have a $18.00 price target on the stock.
  • 1/23/2018 – Huntington Bancshares had its “buy” rating reaffirmed by analysts at Vining Sparks. They now have a $19.00 price target on the stock. They wrote, “Continued strong earnings momentum along with a meaningfully higher return-on-tangible common equity should allow HBAN to continue to trade at around a 15x price-to-earnings multiple. This valuation coupled with continued double-digit EPS growth and a 2.7% dividend yield should produce a total shareholder return of over 20%.””
  • 1/19/2018 – Huntington Bancshares was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 1/10/2018 – Huntington Bancshares was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 1/9/2018 – Huntington Bancshares was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $17.00 price target on the stock. According to Zacks, “Shares of Huntington have outperformed the industry over the past six months. Further, the company has a decent earnings surprise history. It surpassed the Zacks Consensus Estimate in two of the trailing four quarters. With the Fed rate hikes, margin pressure for the company finally seems to be easing. Moreover, rising loans and deposits along with improved credit quality are tailwinds. Further, a lower corporate tax rate is likely to support financials. Also, the company's strong liquidity position keeps it well poised to expand through strategic initiatives, which will support profitability in the long run.”
  • 1/9/2018 – Huntington Bancshares had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $17.00 price target on the stock.
  • 1/8/2018 – Huntington Bancshares had its “buy” rating reaffirmed by analysts at Vining Sparks. They now have a $19.00 price target on the stock.
  • 1/4/2018 – Huntington Bancshares was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 1/3/2018 – Huntington Bancshares had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $16.00 price target on the stock.
  • 1/2/2018 – Huntington Bancshares had its price target raised by analysts at Barclays PLC from $14.00 to $17.00. They now have an “equal weight” rating on the stock.
  • 12/22/2017 – Huntington Bancshares had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $16.25 price target on the stock.
  • 12/22/2017 – Huntington Bancshares was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Huntington Bancshares Incorporated (NASDAQ:HBAN) opened at $15.41 on Monday. Huntington Bancshares Incorporated has a 12 month low of $12.14 and a 12 month high of $16.53. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $16,519.94, a PE ratio of 15.41, a price-to-earnings-growth ratio of 1.17 and a beta of 1.35.

Huntington Bancshares (NASDAQ:HBAN) last issued its earnings results on Tuesday, January 23rd. The bank reported $0.26 EPS for the quarter, hitting the consensus estimate of $0.26. Huntington Bancshares had a return on equity of 12.12% and a net margin of 25.02%. The business had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter last year, the company earned $0.18 EPS. equities analysts expect that Huntington Bancshares Incorporated will post 1.2 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Shareholders of record on Monday, March 19th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.44 annualized dividend and a yield of 2.86%. Huntington Bancshares’s dividend payout ratio is currently 32.00%.

Huntington Bancshares Incorporated (Huntington) is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.

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