First Horizon Corporation – Consensus Indicates Potential 17.1% Upside

Broker Ratings
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First Horizon Corporation with ticker code (FHN) have now 7 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 25 and 24 calculating the average target price we see 24.86. Given that the stocks previous close was at 21.23 this would indicate that there is a potential upside of 17.1%. The 50 day moving average now sits at 24.41 and the 200 day MA is 23.48. The company has a market capitalisation of $11,440m. Find out more information at: https://www.firsthorizon.com

The potential market cap would be $13,396m based on the market concensus.

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; and capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, and corporate and correspondent banking. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

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