Analyst Price Target is $18.38
▼ -7.52% Downside Potential
This price target is based on 13 analysts offering 12 month price targets for First Horizon in the last 3 months. The average price target is $18.38, with a high forecast of $23.00 and a low forecast of $14.00. The average price target represents a -7.52% upside from the last price of $19.88.
Current Consensus is
Moderate Buy
The current consensus among 13 investment analysts is to moderate buy stock in First Horizon. This rating has held steady since December 2023, when it changed from a Hold consensus rating.
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. 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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