Analysts Offer Insights on Financial Companies: Preferred Bank (NASDAQ: PFBC) and Huntington Bancshares Inc (NASDAQ: HBAN)

By Austin Angelo

Analysts fell to the sidelines weighing in on Preferred Bank (NASDAQ: PFBC) and Huntington Bancshares Inc (NASDAQ: HBAN) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Preferred Bank (NASDAQ: PFBC)

Stephens analyst Tyler Stafford reiterated a Hold rating on Preferred Bank (NASDAQ: PFBC) today. The company’s shares closed yesterday at $49.28.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 28.1% and a 91.7% success rate. Stafford covers the Financial sector, focusing on stocks such as Carolina Financial Corporation, Pacific Premier Bancorp Inc, and Pinnacle Financial Partners.

Preferred Bank has an analyst consensus of Moderate Buy, with a price target consensus of $65.

Huntington Bancshares Inc (NASDAQ: HBAN)

In a report released today, Bob Ramsey from FBR Capital reiterated a Hold rating on Huntington Bancshares Inc (NASDAQ: HBAN), with a price target of $14. The company’s shares closed yesterday at $12.59.

According to TipRanks.com, Ramsey is a 4-star analyst with an average return of 5.8% and a 61.0% success rate. Ramsey covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, State National Companies Inc, and Pacific Premier Bancorp Inc.

Currently, the analyst consensus on Huntington Bancshares Inc is Moderate Buy and the average price target is $15.90, representing a 26.3% upside.

In a report released yesterday, KBW also reiterated a Hold rating on the stock with a $13.75 price target.

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