Wolfe Research Rates Huntington Bancshares (HBAN) Peer Perform
Key Points
- Wolfe Research downgraded its rating on Huntington Bancshares to Peer Perform on October 27, 2026.
- The stock recently traded at $15.82, which is about 16.1% below the average price target of $18.87.
- Other analysts have also adjusted their targets, with Citigroup lowering its target to $19 on October 26, 2026.
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Wolfe Research downgraded its rating on Huntington Bancshares Incorporated (HBAN) to Peer Perform on October 27, 2026. This change comes as the stock trades at $15.82, which is below the average price target of $18.87 set by analysts. The firm’s action reflects concerns about the bank's performance in a competitive market.
HBAN
Huntington Bancshares Incorporated
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Other Institutional Activity in Huntington Bancshares
Boston Partners holds a significant stake in Huntington Bancshares, growing its holdings by 2,688,124 shares, bringing its total to 52,839,690 shares valued at approximately $831.2 million. This highlights continued institutional interest despite the recent rating changes from various firms.
Huntington Bancshares Incorporated Stock Up 0.6%
Huntington Bancshares shares recently traded at $15.82, which is about 0.6% above the closing price of $15.73 on October 26, 2026. However, this price is still approximately 16.1% below the mean price target of $18.87. The stock is also trading below its 50-day and 200-day moving averages, indicating a potential struggle in the near term. Over the past year, shares have ranged between $14.82 and $19.46.
Recent Earnings
Huntington Bancshares reported trailing twelve-month revenue of approximately $9.83 billion. The company has shown a revenue growth rate of 32.4% year over year, with a net margin of 25.3% and a return on equity of 9.2%. The next earnings report is expected on January 21, 2027.
Analysts Set New Price Targets
On October 27, 2026, Wolfe Research downgraded its rating on Huntington Bancshares to Peer Perform. This follows recent actions from other firms, including Citigroup, which maintained a Buy rating but lowered its target from $21 to $19 on October 26, 2026. Wells Fargo and Baird also adjusted their targets to $19 on October 23, 2026, while maintaining their Overweight and Outperform ratings, respectively. The consensus from 20 analysts currently recommends a Buy, with an average target price of $18.87.
About Huntington Bancshares
Huntington Bancshares Incorporated is a bank holding company for The Huntington National Bank, providing a range of financial services including commercial, consumer, and mortgage banking. The company operates primarily in the Midwest and has a strong focus on customer service and community involvement.
Bottom Line
Investors should keep an eye on Huntington Bancshares as it navigates recent changes in analyst ratings and prepares for its next earnings report on January 21, 2027. With Wolfe Research's downgrade, market sentiment may shift, particularly as the stock trades below analyst targets and moving averages.
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Source: Wolfe Research's rating change on $HBAN (Oct 27, 2026). Written by software, not financial advice. How we make alerts