Poonawala covers the Financial sector, focusing on stocks such as JPMorgan Chase, Wells Fargo, and Toronto Dominion Bank. According to TipRanks, Poonawala has an average return of 19.6% and a 79.36% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Huntington Bancshares with a $19.45 average price target, implying a 9.33% upside from current levels. In a report released on June 12, Evercore ISI also maintained a Buy rating on the stock with a $20.00 price target.
Based on Huntington Bancshares’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.77 billion and a net profit of $523 million. In comparison, last year the company earned a revenue of $2.98 billion and had a net profit of $527 million
Based on the recent corporate insider activity of 226 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, James Rollins, a Director at HBAN sold 223,522.00 shares for a total of $3,878,106.70.
