First Horizon National Corp. Stock Rating Lowered by Sandler O’Neill (FHN)
First Horizon National Corp. (NYSE:FHN) was downgraded by stock analysts at Sandler O’Neill from a “buy” rating to a “hold” rating in a report issued on Monday, TheFlyOnTheWall.com reports.
A number of other analysts have also recently weighed in on FHN. Analysts at JPMorgan Chase & Co. downgraded shares of First Horizon National Corp. from an “overweight” rating to a “neutral” rating in a research note to investors on Monday. Separately, analysts at RBC Capital downgraded shares of First Horizon National Corp. from an “outperform” rating to a “sector perform” rating in a research note to investors on Monday. They now have a $11.00 price target on the stock, down previously from $13.00. Finally, analysts at Guggenheim cut their price target on shares of First Horizon National Corp. from $13.50 to $12.50 in a research note to investors on Monday, September 30th. They now have a “neutral” rating on the stock. Two equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $11.35.
First Horizon National Corp. (NYSE:FHN) opened at 10.72 on Monday. First Horizon National Corp. has a 52-week low of $8.91 and a 52-week high of $12.74. The stock’s 50-day moving average is $11.22 and its 200-day moving average is $11.29. The company has a market cap of $2.5 million and a price-to-earnings ratio of 132.65.
First Horizon National Corp. (NYSE:FHN) last issued its quarterly earnings data on Friday, October 18th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19. During the same quarter in the prior year, the company posted $0.10 earnings per share. Analysts expect that First Horizon National Corp. will post $0.72 EPS for the current fiscal year.
First Horizon National Corporation (NYSE:FHN) is a bank holding company.
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