Evercore ISI Group Rates Huntington Bancshares (HBAN) buy
Evercore ISI Group has reiterated its buy rating on Huntington Bancshares with a price target of $20, a 18.69% upside from the current price.
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Evercore ISI Group rated Huntington Bancshares Incorporated ($HBAN) "buy" with a $20 price target on June 12, 2026.
Since the rating, $HBAN is down 1.8% after 1 week, up 3.3% after 1 month and down 11.2% to date (from the $17.19 close on Jun 12, 2026).
HBAN
Huntington Bancshares Incorporated
Key Points
- On June 12, 2026, Evercore ISI reiterated its buy rating on Huntington Bancshares Incorporated (HBAN) with a target price of $20.
- The stock is currently trading at $16.85, which is below its 52-week high of $19.46, indicating potential upside.
- Huntington Bancshares has a market cap of approximately $32.4 billion and a P/E ratio of about 12.34.
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Evercore ISI Maintains Positive Outlook on HBAN
On June 12, 2026, Evercore ISI Group reiterated its buy rating on Huntington Bancshares Incorporated (HBAN), setting a price target of $20. The stock is currently trading at $16.85 on the NasdaqGS exchange, which suggests a favorable outlook for investors looking at potential growth.
What This Means for Investors
Evercore ISI's reiteration indicates confidence in Huntington Bancshares' performance. The target price of $20 reflects expectations for the stock to rise, especially as it trades below its recent high of $19.46. This could represent an opportunity for investors considering the stock's long-term potential.
Analysts Set New Price Targets
Evercore ISI is not alone in its assessment of Huntington Bancshares. Other analysts have also maintained their ratings, with Keefe, Bruyette & Woods keeping a Market Perform rating and a target of $18.0 as of October 6, 2026. UBS and JP Morgan have also maintained Buy and Overweight ratings, respectively, with targets of $19.0 and $17.5. This consensus among analysts suggests a generally positive sentiment toward the stock.
Stock Performance Insights
Huntington Bancshares is currently trading at $16.85, which is below its 50-day moving average of $17.23. This lower trading price, compared to its range, could attract investors looking for stocks that are undervalued. The stock has a P/E ratio of approximately 12.34, indicating it is reasonably priced relative to its earnings.
$HBAN price target
Huntington Bancshares Incorporated daily closes and this analyst's $20 target. Not advice.
Recent Earnings
In its latest earnings report, Huntington Bancshares reported a revenue of about $9.18 billion, reflecting a growth rate of 47.6%. The company's earnings per share (EPS) stood at $1.30, contributing to a net margin of 26.1%. The next earnings report is scheduled for October 22, 2026, which could provide further insights into the company’s financial health.
What Huntington Bancshares Incorporated Does
Huntington Bancshares operates as the bank holding company for The Huntington National Bank, providing a wide range of banking services including commercial and consumer banking and mortgage services. The company has a strong presence in the financial services sector, making its performance significant for investors.
What's Ahead for Huntington Bancshares Incorporated
As Huntington Bancshares approaches its next earnings report on October 22, 2026, investors will be watching closely for any updates that may impact the stock's performance. The reaffirmed buy rating from Evercore ISI reflects a positive sentiment, but market conditions and earnings results will be key factors moving forward.
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Source: Evercore ISI Group's rating change on $HBAN (Jun 12, 2026). Written by software, not financial advice. How we make alerts