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First Horizon (FHN) Stock Forecast & Price Target

$15.67
-0.14 (-0.89%)
(As of 03:45 PM ET)

First Horizon - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 13 Analyst Ratings

Consensus Price Target

$16.36
4.39% Upside
High Forecast$19.00
Average Forecast$16.36
Low Forecast$12.00
TypeCurrent Forecast
5/29/23 to 5/28/24
1 Month Ago
4/29/23 to 4/28/24
3 Months Ago
2/28/23 to 2/28/24
1 Year Ago
5/29/22 to 5/29/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
9 Buy rating(s)
5 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$16.36$16.15$14.35$25.00
Forecasted Upside4.39% Upside13.33% Upside11.76% Upside36.54% Upside
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FHN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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FHN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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First Horizon Stock vs. The Competition

TypeFirst HorizonFinance CompaniesS&P 500
Consensus Rating Score
2.77
2.44
2.49
Consensus RatingModerate BuyHoldHold
Predicted Upside3.46% Upside56.47% Upside9.93% Upside
News Sentiment RatingNeutral News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/23/2024Stephens
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R. Gunther
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Initiated CoverageOverweight ➝ Overweight$19.00+18.97%
4/18/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$15.00 ➝ $16.00+11.97%
4/10/2024Wedbush
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D. Chiaverini
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Reiterated RatingOutperform ➝ Outperform$17.00+17.40%
4/10/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$14.00 ➝ $16.00+9.66%
4/9/2024Royal Bank of Canada
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 UpgradeSector Perform ➝ Outperform$16.00 ➝ $18.00+18.81%
4/5/2024Keefe, Bruyette & Woods
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 UpgradeMarket Perform ➝ Outperform$16.00 ➝ $18.00+22.28%
4/4/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$16.00 ➝ $17.50+18.32%
3/28/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$17.00 ➝ $17.50+13.56%
3/8/2024Barclays
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 Initiated CoverageOverweight$18.00+20.08%
1/24/2024UBS Group
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 UpgradeNeutral ➝ Buy$15.50 ➝ $16.00+12.36%
1/5/2024Raymond James
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 UpgradeOutperform ➝ Strong-Buy$13.00 ➝ $17.00+16.60%
12/1/2023Citigroup
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 Initiated CoverageBuy$14.00+9.46%
10/10/2023Jefferies Financial Group
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 Lower Target$15.00 ➝ $12.00+15.66%
6/28/2023The Goldman Sachs Group
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 Initiated CoverageNeutral ➝ Neutral
6/8/2023Bank of America
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 Lower Target$14.00 ➝ $13.00+11.54%
6/3/2022Truist Financial
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 Boost Target$25.00+9.60%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:04 PM ET.

FHN Frequently Asked Questions

What is First Horizon's stock forecast and purchase recommendation?

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for First Horizon is $16.36, with a high forecast of $19.00 and a low forecast of $12.00. The consensus rating for First Horizon stock is Moderate Buy based on the current 4 hold ratings, 8 buy ratings and 1 strong buy rating for FHN. Learn more on FHN's analyst rating history.

Do Wall Street analysts like First Horizon more than its competitors?

Analysts like First Horizon more than other "finance" companies. The consensus rating for First Horizon is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how FHN compares to other companies.

Is First Horizon being upgraded by Wall Street analysts?

Over the previous 90 days, First Horizon's stock had 2 upgrades by analysts.

Does First Horizon's stock price have much upside?

According to analysts, First Horizon's stock has a predicted upside of 13.70% based on their 12-month stock forecasts.

What analysts cover First Horizon?

First Horizon has been rated by research analysts at Barclays, Evercore ISI, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Robert W. Baird, Royal Bank of Canada, Stephens, Wedbush, and Wells Fargo & Company in the past 90 days.


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This page (NYSE:FHN) was last updated on 5/28/2024 by MarketBeat.com Staff

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