Analyst Rating: Will First Horizon Corp (FHN) Stock Do Better Than the Market?

InvestorsObserver is giving First Horizon Corp (FHN) an Analyst Rating Rank of 59, meaning FHN is ranked higher by analysts than 59% of stocks. The average price target for FHN is $19.722 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating FHN a Strong Buy today. Find out what this means to you and get the rest of the rankings on FHN!

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Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With First Horizon Corp Stock Today?

First Horizon Corp (FHN) stock is higher by 0.7% while the S&P 500 has fallen -0.13% as of 12:27 PM on Friday, Oct 8. FHN is higher by $0.11 from the previous closing price of $16.52 on volume of 1,612,927 shares. Over the past year the S&P 500 has gained 27.48% while FHN is higher by 53.36%. FHN earned $2.30 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.22. Click Here to get the full Stock Report for First Horizon Corp stock.