Huntington Bancshares

This week will offer a good look at the state of the financial sector as many of the big banks share their fourth-quarter results. JP Morgan Chase (NYSE: JPM) broke the ice on Friday, reporting a decline in earnings that was more than analysts had estimated. Wells Fargo (NYSE: WFC), Goldman Sachs (...

Jefferies is out with its report today on Huntington Bancshares (NASDAQ: HBAN), reiterating Buy. In a note to clients, Jefferies writes, "We reiterate our Buy rating on HBAN following mgmt meetings. In our view, HBAN should be able to grow pre-tax, pre-provision income directionally, even with...

According to Jefferies, Huntington Bancshares (NASDAQ: HBAN) has underperformed after a strong early '11 run, and risk/reward looks attractive again with no major changes to fundamentals. Jefferies reported that shares trade at 1.45x tangible book and 9.5x normalized EPS (vs 1.65x and 10x for the...

Jefferies & Company has upgraded Huntington Bancshares (NASDAQ: HBAN) from Hold to Buy and maintains its $8 price target.

Jefferies is downgrading Huntington Bancshares (NASDAQ: HBAN) to Hold from Buy and is taking its price target to $8 (from $7). “[The] upside [is] more limited after recent rally,” Jefferies writes. “Trading at 1.6x current tangible book value per share, HBAN has closed the multiple gap relative to...

Jefferies & Company has downgraded Huntington Bancshares (NASDAQ: HBAN) from Buy to Hold and has raised the price target from $7 to $8.

After the close on Wed., 12/15, S&P announced weekly sharecount changes that will be effective after the close on Wed., 12/22, KBW reports. S&P is increasing the sharecounts of First Horizon National Corp. (NYSE: FHN), Huntington Bancshares Inc. (NASDAQ: HBAN), and HCP, Inc. (NYSE: HCP) in...

On Monday, Huntington Bancshares Inc. (NASDAQ: HBAN) announced and completed a $920 million equity offering with proceeds expected to go to repaying its full $1.4 billion of TARP, KBW reports. “Following this announcement, we are raising our 2012 and 2013 estimates each by a nickel to $0.60/share...

Analysts at Huntington Bancshares downgrade Deutsche Bank (NYSE: DB) from "buy" to "hold." DB fell 1.80% to $71.83 at 10:17 am. More Analyst Ratings here.

Oppenheimer analyst Terry McEvoy reiterated her Outperform rating for shares of Huntington Bancshares (Nasdaq: HBAN), with a price target of $6.50. McEvoy wrote that, "pretax, pre-provision earnings (PPE) should continue to grow at Huntington, which combined with falling credit costs, should enable...