Stocks Roundup: Huntington Bancshares Incorporated (NASDAQ:HBAN)


Huntington Bancshares Incorporated (NASDAQ:HBAN) added 1.47% and closed its last session at $12.46. The stock has the market capitalization of $13.52 Billion with the total outstanding shares of 1.08 Billion. Huntington Bancshares Incorporated. has Analysts’ Mean Recommendation of 2.35 between the scale of 1 to 5 (1 represents Strong Buy and 5 means Sell). The stock currently has P/E of 17.38 for trailing twelve months while its Forward P/E is 13.34.

Huntington Bancshares Incorporated (NASDAQ:HBAN) touched its 52-Week High of $12.68 on Nov 25, 2016 while it’s 52-Week Low of $7.83 on Jan 26, 2016. The company currently has Return on Assets of 0.7 percent, Return on Equity of 8.4% and Return on Investment of 12.3 percent. The stock currently showing Weekly Volatility of 1.73%% and Monthly Volatility of 2.60% Percent with Average True Range of 0.29 and Beta of 1.23.

The 25 analysts offering 12-month price forecasts for Huntington Bancshares Inc have a median target of 12.00, with a high estimate of 14.00 and a low estimate of 10.00. The median estimate represents a -3.69% decrease from the last price of 12.46.

Press Release:

The Company on 3 November reported it will be participating at the 2016 Goldman Sachs US Financial Services Conference on Wednesday, December 7, 2016. Mr. Stephen Steinour, Chairman, President, and Chief Executive Officer, and Mr. Howell (“Mac”) McCullough, Senior Executive Vice President and Chief Financial Officer, are scheduled to present to analysts and investors at 9:20 AM ET. They will discuss business and financial performance and strategies, and the presentation will include forward-looking statements.

Company Profile:

Huntington Bancshares is a multi-state bank holding company. Its subsidiaries conduct a full-service commercial and consumer banking business, engage in mortgage banking, lease financing, trust services, discount brokerage services, underwriting credit life and disability insurance, selling other insurance products, and issuing commercial paper guaranteed by Huntington, and providing other financial products and services.