Huntington Bancshares Inc (HBAN) Stock AnalysisHBANHuntington Bancshares Inc

Huntington Bancshares Incorporated is an asset regional bank holding company. The Company, through its bank subsidiary, Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. It operates more than 1,000 branches in 14 states, with certain businesses operating in extended geographies. Its Consumer & Regional Banking segment offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, and other financial products and services. Its Commercial Banking segment provides expertise through banks, capabilities, and digital channels, which include a comprehensive set of product offerings. Its target clients span from mid-market to large corporates across a national footprint. It operates in the Financials sector (NATIONAL COMMERCIAL BANKS industry).

Huntington Bancshares Inc is currently a hold. The stock's price is at $15.32, which is below the average analyst price target of $19. The forward P/E ratio of 8.643 suggests it is undervalued compared to its earnings potential. However, the RSI of 44.15 indicates it is nearing oversold territory, which could lead to a price rebound. The main risk is the recent 20-day change of -9.13%, indicating a downward trend that investors should monitor closely.

26 analysts cover HBAN: 15 rate it Buy, 11 Hold and 0 Sell. The average price target is 20.23.