2 Stocks Taking a Gut Shot: Huntington Bancshares Incorporated (HBAN), KeyCorp (KEY)

Huntington Bancshares Incorporated (NASDAQ:HBAN) recent drop took place on significantly less volume which dipped to nearly 9.88 million contracts on 27-Nov-18 versus its daily average of 12.26 million. The first sale was made at $14.73 but later the stock became weaker, and closed with a fall of -0.81%. It was last traded at $14.63 apiece.

Huntington Bancshares Incorporated (HBAN): Outperform Candidate With 13.12% Upside Potential

Huntington Bancshares Incorporated is maintained at an average outperform rating by 23 stock analysts, and there are at least 2.29% of shares outstanding that are currently legally short sold. The shares went up by 7.49% in value last month. Year-to-date it jumped 0.48%. Analysts are turning out to be more optimistic than before, with 11 of analysts who cover Huntington Bancshares Incorporated (NASDAQ:HBAN) advice adding it to buy candidate list. Wall Street experts also assign a $16.55 price target on Huntington Bancshares Incorporated, pointing towards a 13.12% rally from current levels. The stock is trading for about -11.87% less than its 52-week high.

Huntington Bancshares Incorporated Reports 3.37% Sales Growth

Huntington Bancshares Incorporated (HBAN) remained successful in beating the consensus-estimated $0.32 as it actually earned $0.33 per share in its last reported financial results. Revenue, on the other hand, scored 3.37% growth from the previous quarter, coming up with $1.16 billion.

HBAN Retreats -1.42% In A Week

This company shares (HBAN) so far managed to recover 11.42% since collapsing to its 52-week low. Over a week, it has seen its stock price volatility to stay at 2.05% while shortening the period to a week, volatility was 2.48%. The share price has already crossed its 20 days moving average, floating at a distance of 0.81% and sits -0.61% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -1.42% losses and is down by -4.04% compared with its 200-day moving average of $15.21. Also, Huntington Bancshares Incorporated (HBAN) needs to expand a 8.37% increase it experienced over the past twelve months.

KeyCorp (NYSE:KEY) Consensus Call At 2

As regular trading ended, KeyCorp (KEY) stock brought in a -$0.18 drop to $18.13. The day started at a price of $18.19 but then traded as high as $18.395 before giving part of the gains back. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2. KeyCorp is given 10 buy-equivalent recommendations, 0 sells and 6 holds. The company shares sank -19.06% from their peak of $22.4 and now has a $18.87 billion market value of equity.

KeyCorp Could Grow 22.28% More

KEY’s mean recommendation on Reuter’s scale improved from 1.88 thirty days ago to 1.92 now, which indicates a buy consensus from the analyst community. They see KeyCorp (KEY) price hitting a mean target of $22.17 a share, meaning the stock still has potential that could lift the price another 22.28% . Also, the recent close suggests the stock is underpriced by 43.41% compared to the most bullish target.

KeyCorp (KEY) Returns -10.11% This Year

The company had seen its current volume reaching at 7.7 million shares in the last trade. That compares with the recent volume average of 12.26 million. At the close of regular trading, its last week’s stock price volatility was 2.51% which for the month reaches 2.57%. KeyCorp dipped to as low as $18.07 throughout the day and has returned -10.11% in this year. At one point in the past year, the shares traded as low as $16.48 but has recovered 10.01% since then.