On May 21, 2025, Jefferies analyst David Chiaverini initiated coverage on Huntington Bancshares (HBAN, Financial), announcing a "Buy" rating for the stock. This marks the commencement of Jefferies' coverage on HBAN, providing new insights for investors considering this financial institution.
Alongside this rating, Jefferies set a price target of $20.00 USD for Huntington Bancshares, indicating a positive outlook for the stock. This price target serves as a benchmark for investors, suggesting potential appreciation from current levels.
The initiation by Jefferies underscores confidence in HBAN’s market position and future performance. Investors and market watchers may find this coverage beneficial in making informed decisions about Huntington Bancshares (HBAN, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Huntington Bancshares Inc (HBAN, Financial) is $17.90 with a high estimate of $21.00 and a low estimate of $15.00. The average target implies an upside of 12.30% from the current price of $15.94. More detailed estimate data can be found on the Huntington Bancshares Inc (HBAN) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Huntington Bancshares Inc's (HBAN, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Huntington Bancshares Inc (HBAN, Financial) in one year is $15.38, suggesting a downside of 3.51% from the current price of $15.94. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Huntington Bancshares Inc (HBAN) Summary page.
