Investors Observer gives First Horizon Corp (FHN) an analyst rating ranking of 59, which means FHN is ranked higher by analysts than 59% of stocks. The average price target for FHN is $ 19,722 and the analyst rates the stock as a strong buy.
Why are analyst ratings important?
You can learn a lot about a business by looking at its financial statements and comparing them to other businesses. Analysts who cover an industry in depth, however, can add even more to your research. They usually follow a particular sector or industry very closely. They also pay attention and ask questions on income conference calls and other events where they might learn information that shows up in the numbers.
Investors Observer takes the average score of these analysts, then the percentile ranks these averages. This allows you to compare stocks much more accurately than just seeing the typical five-level rating system used on most Wall Street.
What’s going on with the First Horizon Corp stock today?
First Horizon Corp (FHN) stock is 0.7% higher while the S&P 500 fell -0.13% at 12:27 p.m. on Friday, October 8. FHN is $ 0.11 higher from the previous closing price of $ 16.52 on a volume of 1,612,927 shares. . Over the past year, the S&P 500 has gained 27.48% while the HLF is higher by 53.36%. FHN has earned $ 2.30 per share over the past 12 months, giving it a price-to-earnings ratio of 7.22. Click here for the full report on First Horizon Corp. shares.