Stephens analyst Tyler Stafford reiterated a Hold rating on First Horizon (NYSE: FHN) on July 9 and set a price target of $19.50. The company’s shares closed yesterday at $17.59.
According to TipRanks.com, Stafford is a 5-star analyst with an average return of 18.8% and a 77.6% success rate. Stafford covers the Financial sector, focusing on stocks such as State Bank Financial Corporation, Capstar Financial Holdings Inc, and Carolina Financial Corporation.
Currently, the analyst consensus on First Horizon is a Moderate Buy with an average price target of $21.17.
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Based on First Horizon’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $92.17 million. In comparison, last year the company had a net profit of $92.35 million.
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First Horizon National Corp. operates as a financial holding company, which offers checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. It operates the business through four segments: Regional Banking, Fixed Income, Corporate, and Non-strategic.
