Huntington Bancshares Incorporated (HBAN)
NASDAQ: HBAN · IEX Real-Time Price · USD
13.94
+0.15 (1.09%)
At close: Mar 28, 2024, 4:00 PM
13.95
+0.01 (0.07%)
After-hours: Mar 28, 2024, 7:51 PM EDT
Huntington Bancshares Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for HBAN stock have an average target of 14.17, with a low estimate of 12 and a high estimate of 16. The average target predicts an increase of 1.65% from the current stock price of 13.94.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for HBAN stock from 16 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 5 | 5 |
Buy | 3 | 3 | 3 | 4 | 4 | 4 |
Hold | 8 | 8 | 8 | 9 | 7 | 7 |
Sell | 1 | 1 | 1 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 15 | 15 | 15 | 16 | 16 | 16 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Evercore ISI Group | Evercore ISI Group | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +14.78% | Mar 28, 2024 |
Piper Sandler | Piper Sandler | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +0.43% | Mar 8, 2024 |
DA Davidson | DA Davidson | Hold → Strong Buy Upgrades $14 → $16 | Hold → Strong Buy | Upgrades | $14 → $16 | +11.19% | Feb 27, 2024 |
UBS | UBS | Hold → Strong Buy Upgrades $14 → $15 | Hold → Strong Buy | Upgrades | $14 → $15 | +7.60% | Feb 14, 2024 |
Morgan Stanley | Morgan Stanley | Buy Maintains $13 → $16 | Buy | Maintains | $13 → $16 | +14.78% | Feb 7, 2024 |
Financial Forecast
Revenue This Year
7.54B
from 6.96B
Increased by 8.36%
Revenue Next Year
8.00B
from 7.54B
Increased by 6.06%
EPS This Year
1.25
from 1.24
Increased by 0.72%
EPS Next Year
1.42
from 1.25
Increased by 13.66%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 7.9B | 8.4B | 9.0B |
Avg | 7.5B | 8.0B | 8.4B |
Low | 7.1B | 7.5B | 7.9B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 13.1% | 11.2% | 12.0% |
Avg | 8.4% | 6.1% | 5.0% |
Low | 2.1% | -0.2% | -1.7% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.46 | 1.58 | 1.84 |
Avg | 1.25 | 1.42 | 1.65 |
Low | 1.08 | 1.23 | 1.50 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 17.7% | 26.1% | 29.4% |
Avg | 0.7% | 13.7% | 16.4% |
Low | -13.1% | -1.1% | 5.6% |
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.