Huntington Bancshares Incorporated (HBAN) consistently receives a consensus rating of “Moderate Buy” from analysts. While the stock occasionally underperforms compared to its competitors on certain days despite daily gains, it often outperforms them even on loss days. Investment firms such as Prudential PLC, Tower Research Capital LLC, and Belpointe Asset Management LLC have increased their stake in HBAN. However, some shares were sold by CIBC Asset Management and Steward Partners Investment Advisory LLC. Huntington Bancshares continues the trend of paying dividends, currently at $0.155. Its shares are a popular target for options trading, with a recent surge in activity noted. Analysts have set the price target for HBAN at $15.30. The company's Q1 earnings surpassed expectations. Upgrades for the firm have positively impacted the stock. Huntington has also announced plans to expand its commercial banking to Charlotte and to acquire a municipal securities firm. These actions suggest sturdy management and a versatile growth strategy, rendering the stock potentially lucrative for long-term investors.
Huntington Bancshares HBAN News Analytics from Mon, 11 Dec 2023 08:00:00 GMT to Sun, 09 Jun 2024 17:46:28 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -3
