Huntington Bancshares Surges 35.66% to Rank 234th in Trading Volume
On June 5, 2025, Huntington BancsharesHBAN-- (HBAN) closed at $15.50, with a trading volume of $411 million, marking a 35.66% increase from the previous day. This surge placed HBANHBAN-- as the 234th most traded stock on the day.
Huntington Bancshares has been attracting attention from value investors, who are evaluating its stock against competitors like Commerce BancsharesCBSH--. The bank has received a Zacks Rank of #2 (Buy), indicating a positive outlook on its earnings estimates. This ranking is based on the Zacks Rank system, which emphasizes earnings estimates and revisions, making HBAN a strong candidate for value investors.
In terms of valuation metrics, HBAN currently has a forward P/E ratio of 11.09, which is lower than Commerce Bancshares' forward P/E of 15.52. Additionally, HBAN's PEG ratio stands at 1.22, compared to Commerce Bancshares' PEG ratio of 4.18. The P/B ratio for HBAN is 1.26, while Commerce Bancshares has a P/B ratio of 2.43. These metrics suggest that HBAN is undervalued relative to its peers, earning it a Value grade of B from the Style Scores system.
Analysts have also shown optimism towards HBAN. Deutsche Bank recently upgraded the stock from Hold to Buy, setting a new price target of $17.50. The consensus among analysts is a Moderate Buy, with an average price target of $17.59, indicating a potential 13.0% upside. This positive sentiment is further supported by HBAN's improving earnings outlook and healthy fundamentals, making it a compelling choice for investors seeking value in the banking sector.

Comentarios
Aún no hay comentarios