Huntington Bancshares Incorporated (NASDAQ: HBAN)‘s stock had its “neutral” rating reaffirmed by Goldman Sachs in a research note issued on Tuesday. They currently have a $7.50 price target on the stock.
A number of other firms have also recently commented on HBAN. Analysts at Compass Point upgraded shares of Huntington Bancshares Incorporated from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a $8.00 price target on the stock, up previously from $6.00. Separately, analysts at Robert W. Baird reiterated a “neutral” rating on shares of Huntington Bancshares Incorporated in a research note to investors on Friday. They now have a $6.00 price target on the stock, down previously from $7.00. Finally, analysts at Barclays Capital reiterated an “underweight” rating on shares of Huntington Bancshares Incorporated in a research note to investors on Wednesday, January 9th. They now have a $7.00 price target on the stock.
Shares of Huntington Bancshares Incorporated traded up 0.86% during mid-day trading on Tuesday, hitting $7.0601. Huntington Bancshares Incorporated has a one year low of $5.49 and a one year high of $7.25. The stock’s 50-day moving average is currently $6.43. The company has a market cap of $5.950 billion and a P/E ratio of 9.86.
Huntington Bancshares Incorporated last issued its quarterly earnings data on Thursday, January 17th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. During the same quarter in 2012, the company posted $0.14 earnings per share. On average, analysts predict that Huntington Bancshares Incorporated will post $0.67 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, April 1st. Stockholders of record on Monday, March 18th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Thursday, March 14th.
Huntington Bancshares Incorporated is a bank holding company. The Company provides full-service commercial, small business, consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance programs, and other financial products and services.