Huntington Bancshares was upgraded from Neutral to Buy by Compass Point one week ago. Huntington Bancshares stocks closed at $6.99, a 4.0% gain over the course of one week.
Huntington Bancshares has overhead space with shares priced $6.96, or 4.5% below the average consensus analyst price target of $7.29. The stock should discover initial support at its 200-day moving average (MA) of $6.47 and subsequent support at its 50-day MA of $6.38.
In the past 52 weeks, shares of Huntington Bancshares have traded between a low of $4.46 and a high of $7.70 and are now at $6.96, which is 56% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.8%.
Huntington Bancshares Incorporated is a multi-state bank holding company. The Company's subsidiaries provide full-service commercial and consumer banking services, mortgage banking services, automobile financing, equipment leasing, investment management, trust services, brokerage services, customized insurance service programs, and other financial products and services.