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Franklin Financial Network Inc (NYSE:FSB) target price raised to $46.00, issued a report today by Zacks Investment Research

Franklin Financial Network Inc (NYSE:FSB) had its target price raised to $46.00 by Zacks Investment Research in a report released 06/20/2017. The new target price indicates a possible upside of 0.11% based on the company's last stock close price.

Yesterday Franklin Financial Network Inc (NYSE:FSB) traded -1.35% lower at $41.45. The company’s 50-day moving average is $33.42 and its 200-day moving average is $36.12. The last stock close price is up -8.63% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 141,819 shares of the stock were exchanged, up from an average trading volume of 122,180

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Franklin Financial Network Inc (NYSE:FSB)

Franklin Financial Network Inc has a 52 week low of $29.85 and a 52 week high of $42.80 with a P/E ratio of 13.63 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 3 firms have issued a report on Franklin Financial Network Inc. The 12-month price target is $37.00 with zero brokerages rating the company a strong buy, zero brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On 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. As of December 31, 2016, the Company operated through 12 branches in Williamson and Rutherford counties and a loan production office 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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