First Horizon National (FHN) Forms $19.83 Double Top; 1 Analysts Covering Franklin Financial Network, Inc. (FSB)

Among 8 analysts covering Franklin Financial Network (NYSE:FSB), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 13% are positive. Franklin Financial Network had 19 analyst reports since October 28, 2015 according to SRatingsIntel. As per Wednesday, June 29, the company rating was downgraded by Bank of America. Compass Point maintained the shares of FSB in report on Tuesday, December 15 with “Buy” rating. The stock of Franklin Financial Network, Inc. (NYSE:FSB) has “Hold” rating given on Thursday, January 25 by Compass Point. Piper Jaffray maintained the shares of FSB in report on Sunday, January 28 with “Hold” rating. The firm has “Hold” rating given on Friday, January 26 by Hovde Group. Piper Jaffray reinitiated the shares of FSB in report on Thursday, October 5 with “Neutral” rating. The rating was maintained by Compass Point on Wednesday, October 28 with “Buy”. The firm has “Market Perform” rating given on Friday, January 26 by Raymond James. Stephens maintained Franklin Financial Network, Inc. (NYSE:FSB) on Friday, June 23 with “Buy” rating. The stock of Franklin Financial Network, Inc. (NYSE:FSB) has “Buy” rating given on Thursday, January 4 by Sandler O’Neill. See Franklin Financial Network, Inc. (NYSE:FSB) latest ratings:

28/01/2018 Broker: Piper Jaffray Rating: Hold New Target: $35.0 Maintain
26/01/2018 Broker: Hovde Group Rating: Hold New Target: $37.0 Maintain
26/01/2018 Broker: Raymond James Old Rating: Outperform New Rating: Market Perform Downgrade
25/01/2018 Broker: Stephens Rating: Hold New Target: $36.0 Maintain
25/01/2018 Broker: Compass Point Rating: Hold Downgrade
04/01/2018 Broker: Sandler O’Neill Rating: Buy New Target: $42.0 Upgrade
05/10/2017 Broker: PiperJaffray Old Rating: Overweight New Rating: Neutral Old Target: $41.5 New Target: $39 Reinitiate
05/10/2017 Broker: Piper Jaffray Rating: Neutral New Target: $39.00 Reinitiate
03/10/2017 Broker: Stephens Rating: Hold New Target: $38.0 Downgrade

First Horizon National Corporation (FHN) formed double top with $21.61 target or 9.00% above today’s $19.83 share price. First Horizon National Corporation (FHN) has $6.48B valuation. The stock increased 0.66% or $0.13 during the last trading session, reaching $19.83. About 3.90 million shares traded or 7.73% up from the average. First Horizon National Corporation (NYSE:FHN) has risen 21.88% since March 6, 2017 and is uptrending. It has outperformed by 5.18% the S&P500.

Among 18 analysts covering First Horizon National Corporation (NYSE:FHN), 10 have Buy rating, 0 Sell and 8 Hold. Therefore 56% are positive. First Horizon National Corporation had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, April 19 by Vining Sparks. The stock of First Horizon National Corporation (NYSE:FHN) has “Overweight” rating given on Thursday, January 5 by JP Morgan. The stock of First Horizon National Corporation (NYSE:FHN) has “Buy” rating given on Friday, August 18 by Jefferies. The rating was maintained by Stephens with “Hold” on Thursday, July 20. The firm has “Buy” rating by Vining Sparks given on Monday, January 8. Jefferies maintained the shares of FHN in report on Friday, September 22 with “Buy” rating. The firm earned “Hold” rating on Friday, October 13 by RBC Capital Markets. RBC Capital Markets maintained First Horizon National Corporation (NYSE:FHN) rating on Thursday, September 7. RBC Capital Markets has “Hold” rating and $19.0 target. The firm has “Buy” rating given on Tuesday, April 11 by Wood. The firm earned “Market Perform” rating on Monday, January 9 by Wells Fargo.

Analysts await First Horizon National Corporation (NYSE:FHN) to report earnings on April, 12. They expect $0.30 EPS, up 30.43% or $0.07 from last year’s $0.23 per share. FHN’s profit will be $98.02 million for 16.53 P/E if the $0.30 EPS becomes a reality. After $0.30 actual EPS reported by First Horizon National Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.09, from 1.04 in 2017Q2. It dropped, as 38 investors sold First Horizon National Corporation shares while 67 reduced holdings. 26 funds opened positions while 74 raised stakes. 204.94 million shares or 3.94% more from 197.17 million shares in 2017Q2 were reported. Neuberger Berman Lc invested in 14,814 shares or 0% of the stock. Icon Advisers Company holds 0.03% of its portfolio in First Horizon National Corporation (NYSE:FHN) for 24,000 shares. Moreover, Ghp Inv Advisors has 0.19% invested in First Horizon National Corporation (NYSE:FHN). Lsv Asset reported 0.02% in First Horizon National Corporation (NYSE:FHN). Point72 Asia (Hong Kong) holds 1,068 shares. 15,194 are owned by Us Natl Bank De. Balyasny Asset Limited Co has invested 0.27% of its portfolio in First Horizon National Corporation (NYSE:FHN). Barclays Public Limited Co has 41,327 shares for 0% of their portfolio. Gemmer Asset Management Limited Liability has 0% invested in First Horizon National Corporation (NYSE:FHN) for 381 shares. State Of Wisconsin Board holds 47,103 shares. Federated Investors Pa owns 474,704 shares for 0.03% of their portfolio. Jarislowsky Fraser Limited holds 80,398 shares. Credit Suisse Ag has 0% invested in First Horizon National Corporation (NYSE:FHN). Metropolitan Life stated it has 0.03% of its portfolio in First Horizon National Corporation (NYSE:FHN). Utah Retirement Sys invested 0.02% of its portfolio in First Horizon National Corporation (NYSE:FHN).

Since September 26, 2017, it had 0 buys, and 4 selling transactions for $1.62 million activity. MARTIN R BRAD sold $104,917 worth of First Horizon National Corporation (NYSE:FHN) on Friday, October 20. Losch William C III sold $840,179 worth of stock or 45,107 shares. Shares for $609,516 were sold by Foss Peter N on Monday, January 29.