Franklin Financial Network Inc (NYSE:FSB) target price increased to $41.50, issued a research note today by Piper Jaffray Cos.
- Updated: November 27, 2016
In a report released on Tuesday November 22, 2016 Piper Jaffray Cos. upped the price target of Franklin Financial Network Inc (NYSE:FSB) to $41.50 stating a potential upside of 0.19%.
On 12/15/2015, Compass Point released a statement for Franklin Financial Network Inc (NYSE:FSB) raised the target price from $40.00 to $41.00 that suggested an upside of 0%.
Displaying a price of $35.00, Franklin Financial Network Inc (NYSE:FSB) traded -1.07% lower on the day. With the last close up 11.06% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the date range. Franklin Financial Network Inc has recorded a 50-day average of $34.02 and a two hundred day average of $33.41. 114,275 shares of the stock were exchanged, up from an average trading volume of 84,316
Recent Performance Chart
With a total market value of $0, Franklin Financial Network Inc has price-earnings ratio of 16.72 with a 52 week low of $22.83 and a 52 week high of $38.00 .
In addition to Piper Jaffray Cos. reporting its target price, a total of 3 brokers have released a report on Franklin Financial Network Inc. The 12-month price target is $37.00 with zero brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, zero analysts rating the company a hold, zero analysts rating the stock a underperform, and finally 0 firms rating the stock a sell.
Brief Synopsis About Franklin Financial Network Inc (NYSE:FSB)
Franklin Financial Network, Inc. is a financial holding company. Through its bank subsidiary, Franklin Synergy Bank (the Bank), a commercial bank, the Company provides a range of banking and related financial services. The Company focuses on the provision of services to small businesses, corporate entities, local governments and individuals. It operates through approximately 10 branches in Williamson and Rutherford counties within the Nashville metropolitan area. The Company's loan portfolio consists of real estate loans, including construction and land development loans, commercial loans and residential loans; commercial and industrial, and consumer and other loans. The Company's investment securities portfolio consists of both securities classified as available-for-sale and securities classified as held-to-maturity. The Company's primary sources of funds include deposits.
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