Huntington Bancshares Hits 20-Day High After Cadence Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 10 Dec 25
Source: PRnewswire
Huntington Bancshares Inc saw a price increase of 3.00%, reaching a 20-day high amid positive market conditions.
The recent $7.4 billion acquisition of Cadence Bank has significantly boosted Huntington's asset base, positioning it for growth in key markets like Texas and the Carolinas. This strategic move is expected to enhance their competitive edge in the banking sector.
As Huntington expands its operations, the market is optimistic about its future growth prospects, particularly in the energy and auto financing sectors, despite potential job cuts at Cadence Bank.
Analyst Views on HBAN
Wall Street analysts forecast HBAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HBAN is 20.23 USD with a low forecast of 16.00 USD and a high forecast of 23.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
12 Buy
2 Hold
1 Sell
Moderate Buy
Current: 17.060
Low
16.00
Averages
20.23
High
23.00
Current: 17.060
Low
16.00
Averages
20.23
High
23.00
About HBAN
Huntington Bancshares Incorporated is an asset regional bank holding company. The Company, through its bank subsidiary, Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. It operates more than 1,000 branches in 14 states, with certain businesses operating in extended geographies. Its Consumer & Regional Banking segment offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, and other financial products and services. Its Commercial Banking segment provides expertise through banks, capabilities, and digital channels, which include a comprehensive set of product offerings. Its target clients span from mid-market to large corporates across a national footprint.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
