Huntington Bancshares Incorporated (HBAN)
NASDAQ: HBAN · Real-Time Price · USD
17.62
+0.15 (0.86%)
At close: Nov 21, 2024, 4:00 PM
17.63
+0.01 (0.06%)
Pre-market: Nov 22, 2024, 5:48 AM EST
Huntington Bancshares Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for HBAN stock have an average target of 16.26, with a low estimate of 14 and a high estimate of 21. The average target predicts a decrease of -7.72% from the current stock price of 17.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HBAN stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 8 | 8 |
| Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Hold | 4 | 5 | 5 | 5 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 18 | 18 | 18 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $18 → $21 | Strong Buy | Maintains | $18 → $21 | +19.18% | Nov 19, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $17 → $18 | Buy | Maintains | $17 → $18 | +2.16% | Oct 30, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | -0.68% | Oct 21, 2024 |
| Barclays | Barclays | Hold Maintains $15 → $17 | Hold | Maintains | $15 → $17 | -3.52% | Oct 18, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $14 → $15 | Sell | Maintains | $14 → $15 | -14.87% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
7.47B
Revenue Next Year
7.87B
from 7.47B
Increased by 5.34%
EPS This Year
1.21
from 1.24
Decreased by -2.09%
EPS Next Year
1.36
from 1.21
Increased by 12.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.7B | 8.3B | 8.8B |
| Avg | 7.5B | 7.9B | 8.2B |
| Low | 7.1B | 7.4B | 6.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 10.5% | 12.1% |
| Avg | - | 5.3% | 4.5% |
| Low | - | -1.0% | -21.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.29 | 1.52 | 1.68 |
| Avg | 1.21 | 1.36 | 1.54 |
| Low | 1.13 | 1.21 | 1.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.2% | 25.5% | 23.3% |
| Avg | -2.1% | 12.2% | 12.9% |
| Low | -9.1% | -0.7% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.