Jefferies Group downgraded Huntington Bancshares Incorporated (NASDAQ:HBAN) to Hold in a report released today.
- Updated: November 28, 2016
Just yesterday Huntington Bancshares Incorporated (NASDAQ:HBAN) traded -0.72% lower at $12.56. The company’s 50-day moving average is $10.84 and its 200-day moving average is $9.94. The last closing price is up 25.49% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. Trade Volume was down over the average, with 2,431,903 shares of HBAN changing hands under the typical 13,274,700
Jefferies Group has downgraded Huntington Bancshares Incorporated (NASDAQ:HBAN) to Hold in a report released on 11/28/2016.
Recent Performance Chart
Huntington Bancshares Incorporated has PE ratio of 17.61 with a one year low of $7.83 and a one year high of $12.68 and has a market capitalization of $0.
A total of 27 analysts have released a report on Huntington Bancshares Incorporated. Six analysts rating the company a strong buy, five analysts rating the company a buy, seventeen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $11.13.
Brief Synopsis About Huntington Bancshares Incorporated (NASDAQ:HBAN)
Huntington Bancshares Incorporated is a diversified regional bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company is engaged in providing 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. It operates through five segments: Retail and Business Banking, Commercial Banking, Automobile Finance and Commercial Real Estate, Regional Banking and The Huntington Private Client Group, and Home Lending. The Company offers commercial and industrial loans, commercial real estate loans, automobile loans, home equity loans, residential mortgage loans and other consumer loans. It offers demand deposits-noninterest-bearing, demand deposits-interest-bearing, money market deposits, and savings and other domestic deposits.
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