Huntington Bancshares Incorpora which can be found using ticker (HBAN) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 18 and 13.5 and has a mean target at $16.06. Now with the previous closing price of $13.37 this indicates there is a potential upside of 20.1%. It’s also worth noting that there is a 50 day moving average of $14.75 and the 200 moving average now moves to $13.99. The total market capitalization for the company now stands at $16,120m. Find out more information at: https://www.huntington.com
The potential market cap would be $19,363m based on the market concensus.
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
The company has a dividend yield of 4.51% with the ex dividend date set at 17-3-2023 (DMY).
Other points of data to note are a P/E ratio of 9.5, revenue per share of 4.83 and a 1.26% return on assets.
