
Huntington Bancshares (HBAN) Gets a Buy from Truist Financial
Truist Financial analyst Brian Foran maintained a Buy rating on Huntington Bancshares (HBAN – Research Report) yesterday and set a price target of $19.00. The company's shares closed yesterday at $15.48.
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According to TipRanks, Foran is a 3-star analyst with an average return of 3.4% and a 51.72% success rate. Foran covers the Financial sector, focusing on stocks such as Synchrony Financial, Capital One Financial, and Regions Financial.
Currently, the analyst consensus on Huntington Bancshares is a Moderate Buy with an average price target of $17.65, a 14.02% upside from current levels. In a report released on June 11, RBC Capital also maintained a Buy rating on the stock with a $18.00 price target.
HBAN market cap is currently $22.87B and has a P/E ratio of 12.10.
Based on the recent corporate insider activity of 248 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HBAN in relation to earlier this year. Last month, Helga Houston, the Senior Exec. V. P of HBAN sold 42,344.00 shares for a total of $623,303.68.
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