Don’t Miss The True Potential: Huntington Bancshares Incorporated (HBAN), Manulife Financial Corporation (MFC)

Huntington Bancshares Incorporated (NASDAQ:HBAN) popped in on a high volume green day. Volume on 12-Feb-18 came in at 10.51 million contracts. The daily trading volume has averaged 10.46 million shares a day in past 3 months. The first sale was made at $15.52 but later the stock became weaker, and closed with a gain of 0.45%. It was last traded at $15.48 apiece.

Huntington Bancshares Incorporated (HBAN): Outperform Candidate With 12.86% Upside Potential

Huntington Bancshares Incorporated is maintained at an average outperform rating by 25 stock analysts, and there are at least 2.49% of shares outstanding that are currently legally short sold. The shares went down by -0.96% in value last month. Year-to-date it jumped 6.32%. Analysts are turning out to be more optimistic than before, with 14 of analysts who cover Huntington Bancshares Incorporated (NASDAQ:HBAN) advice adding it to buy candidate list. Wall Street experts also assign a $17.47 price target on Huntington Bancshares Incorporated, pointing towards a 12.86% rally from current levels. The stock is trading for about -6.35% less than its 52-week high.

Huntington Bancshares Incorporated Reports 3.38% Sales Growth

Huntington Bancshares Incorporated (HBAN) remained unsuccessful in beating the consensus-estimated $0.26 as it actually earned $0.26 per share in its last reported financial results. Revenue, on the other hand, scored 3.38% growth from the previous quarter, coming up with $1.13 billion.

HBAN Adds 0.32% In A Week

This company shares (HBAN) so far managed to recover 27.51% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 3.18% while shortening the period to a week, volatility was 2.22%. The share price has yet to cross its 20 days moving average, floating at a distance of -2.36% and sits 1.95% higher versus its 50 days moving average. When looking at the past five sessions, the stock returned 0.32% gains and is up by 12.75% compared with its 200-day moving average of $14.01. Also, Huntington Bancshares Incorporated (HBAN) needs to expand a 13.66% increase it experienced over the past twelve months.

Manulife Financial Corporation (NYSE:MFC) Consensus Call At 1.5

As regular trading ended, Manulife Financial Corporation (MFC) stock brought in a -$0.21 drop to $19.71. The day started at a price of $20.02 but then traded as high as $20.15 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 1.5. Manulife Financial Corporation is given 3 buy-equivalent recommendations, 0 sells and 3 holds. The company shares sank -11.06% from their peak of $22.16 and now has a $39.04 billion market value of equity.

Manulife Financial Corporation Could Grow 24% More

MFC’s mean recommendation on Reuter’s scale slipped from 2.2 thirty days ago to 2.13 now, which indicates a hold consensus from the analyst community. They see Manulife Financial Corporation (MFC) price hitting a mean target of $24.44 a share, meaning the stock still has potential that could lift the price another 24% Also, the recent close suggests the stock is underpriced by 57.08% compared to the most bullish target.

Manulife Financial Corporation (MFC) Returns -5.51% This Year

The company had seen its current volume reaching at 5.07 million shares in the last trade. That compares with the recent volume average of 2.33 million. At the close of regular trading, its last week’s stock price volatility was 2.17% which for the month reaches 3.28%. Manulife Financial Corporation dipped to as low as $19.64 throughout the day and has returned -5.51% in this year. At one point in the past year, the shares traded as low as $16.62 but has recovered 18.59% since then.

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