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Huntington Bancshares (HBAN) Stock Forecast & Price Target

$13.54
+0.08 (+0.59%)
(As of 07/12/2024 ET)

Huntington Bancshares - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$14.93
10.29% Upside
High Forecast$16.50
Average Forecast$14.93
Low Forecast$11.50
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
10 Buy rating(s)
10 Buy rating(s)
9 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$14.93$15.23$14.97$13.75
Forecasted Upside10.29% Upside18.47% Upside15.61% Upside12.47% Upside
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HBAN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HBAN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Huntington Bancshares Stock vs. The Competition

TypeHuntington BancsharesFinance CompaniesS&P 500
Consensus Rating Score
2.69
2.44
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside10.29% Upside55.27% Upside9.17% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/9/2024Keefe, Bruyette & Woods
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 Lower TargetMarket Perform ➝ Market Perform$15.00 ➝ $14.50+12.23%
7/3/2024Jefferies Financial Group
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 Lower TargetBuy ➝ Buy$16.00 ➝ $15.00+14.24%
6/27/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$17.00 ➝ $16.50+29.62%
6/25/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$16.50 ➝ $15.00+16.37%
6/14/2024Piper Sandler
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R. Siefers
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DowngradeNeutral ➝ Underweight$13.50 ➝ $11.50-6.81%
6/13/2024UBS Group
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 Lower TargetBuy ➝ Buy$16.00 ➝ $15.00+22.25%
6/12/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$16.00 ➝ $15.00+19.62%
6/11/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$16.00 ➝ $16.00+27.19%
4/22/2024Stephens
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 Reiterated RatingEqual Weight ➝ Equal Weight$15.00+11.86%
4/8/2024Bank of America
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 UpgradeNeutral ➝ Buy$14.00 ➝ $16.00+17.65%
2/27/2024DA Davidson
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P. Winter
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UpgradeNeutral ➝ Buy$14.00 ➝ $15.50+21.28%
1/25/2024Citigroup
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 Boost TargetBuy ➝ Buy$14.00 ➝ $15.00+15.92%
1/2/2024Barclays
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 UpgradeUnderweight ➝ Equal Weight$12.00 ➝ $15.00+17.92%
12/26/2023Raymond James
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 Boost TargetStrong-Buy ➝ Strong-Buy$13.00 ➝ $15.00+18.48%
12/18/2023The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$12.50 ➝ $14.00+7.53%
10/23/2023Wolfe Research
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 UpgradeUnderperform ➝ Peer Perform
4/21/2023Wedbush
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 Reiterated RatingNeutral$12.00+4.90%
9/12/2022Deutsche Bank Aktiengesellschaft
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 Lower TargetHold$16.50 ➝ $15.50+9.62%
7/28/2022Argus
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 UpgradeHold ➝ Buy$15.00+14.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:06 AM ET.

HBAN Forecast - Frequently Asked Questions

What is Huntington Bancshares' forecast for 2024?

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Huntington Bancshares is $14.93, with a high forecast of $16.50 and a low forecast of $11.50.

Should I buy or sell Huntington Bancshares stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last twelve months. There is currently 1 sell rating, 4 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HBAN shares.

Does Huntington Bancshares's stock price have much upside?

According to analysts, Huntington Bancshares's stock has a predicted upside of 16.35% based on their 12-month stock forecasts.

Has Huntington Bancshares been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, Huntington Bancshares's stock had 1 upgrade and 1 downgrade by analysts.

What analysts cover Huntington Bancshares?

Huntington Bancshares has been rated by research analysts at Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, Piper Sandler, Royal Bank of Canada, Stephens, and UBS Group in the past 90 days.

Do Wall Street analysts like Huntington Bancshares more than its competitors?

Analysts like Huntington Bancshares more than other "finance" companies. The consensus rating for Huntington Bancshares is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how HBAN compares to other companies.


This page (NASDAQ:HBAN) was last updated on 7/13/2024 by MarketBeat.com Staff

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