The leading market experts have placed a mean price target of $10.63 on Huntington Bancshares Incorporated (NASDAQ:HBAN) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.20 a share for the upcoming quarter and $0.81 for the current fiscal. Technical View The technical analysis of Huntington Bancshares Incorpora plainly substantiates that the 50-day moving average of Huntington Bancshares Incorpora is $9.22, and stock is hovering 0.13 or +1.39% distant from $9.22. It is noted that the 200-day MA is $9.44, and Huntington Bancshares Incorpora stock is $-0.09 or -0.99% off from this point. Huntington Bancshares Incorporated (NASDAQ:HBAN) 52-week high is $11.88 and the 52-week low is $7.83. This explains if the stock moves $-2.53, it will post a 52-week high. In event of $+19.41% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Huntington Bancshares Incorpora, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Huntington Bancshares Incorporated (NASDAQ:HBAN) ratio came in at 11.99. The stock last ended the trading session at $9.35 and registered a market cap of $14.94B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Huntington Bancshares Incorporated (NASDAQ:HBAN) PEG ratio is at 2.34.
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