Jefferies upgraded First Horizon (NYSE:FHN) from Hold to Buy in a report released today.
- Updated: November 28, 2016
Yesterday First Horizon (NYSE:FHN) traded 0.24% higher at $18.71. The company’s 50-day moving average is $16.26 and its 200-day moving average is $14.96. The last closing price is up 25.41% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 901,557 shares of the stock traded hands, down from an average trading volume of 2,187,750
Jefferies has upgraded First Horizon (NYSE:FHN) from Hold to Buy in a report released on 11/28/2016.
Previously on 2/10/2016, Guggenheim reported on First Horizon (NYSE:FHN) held steady the target price at $16.00. At the time, this indicated a possible upside of 0.32%.
Recent Performance Chart
First Horizon has PE ratio of 20.68 with a one year low of $11.51 and a one year high of $19.26 and has a market capitalization of $0.
A total of 16 analysts have released a report on First Horizon. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $14.19.
General Company Details For First Horizon (NYSE:FHN)
First Horizon National Corporation (FHN) is a bank holding company. The Company provides financial services through its subsidiary, First Tennessee Bank National Association (the Bank). The Company has four segments: regional banking, fixed income, corporate and non-strategic. The Company's regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and other selected markets. The regional banking segment provides investments and financial planning. The Company's fixed income segment consists of fixed income securities sales, trading, and strategies for institutional clients in the United States and abroad. The Company's corporate segment consists of funds management, tax credit investment activities and gains on the extinguishment of debt, among others. The non-strategic segment offers wind-down national consumer lending activities and mortgage banking elements.
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