What’s In Store For First Horizon National Corporation (FHN), American Homes 4 Rent (AMH)?

First Horizon National Corporation (NYSE:FHN) recent gain occurred on low volume with 2.97 million contracts changing hands on 01-Jun-18. That’s down from its daily average of 3.46 million contracts. The first sale was made at $18.82 but later the stock became weaker, and closed with a gain of 0.65%. It was last traded at $18.66 apiece.

First Horizon National Corporation (FHN): Outperform Candidate With 19.61% Upside Potential

First Horizon National Corporation is maintained at an average outperform rating by 19 stock analysts, and there are at least 7.33% of shares outstanding that are currently legally short sold. The shares went up by 1.52% in value last month. Year-to-date it plunged -6.65%. Analysts are turning out to be more optimistic than before, with 12 of analysts who cover First Horizon National Corporation (NYSE:FHN) advice adding it to buy candidate list. Wall Street experts also assign a $22.32 price target on First Horizon National Corporation, pointing towards a 19.61% rally from current levels. The stock is trading for about -10.55% less than its 52-week high.

First Horizon National Corporation Reports 17.37% Sales Growth

First Horizon National Corporation (FHN) remained successful in beating the consensus-estimated $0.31 as it actually earned $0.34 per share in its last reported financial results. Revenue, on the other hand, scored 17.37% growth from the previous quarter, coming up with $440.46 million.

FHN Retreats -2.2% In A Week

This company shares (FHN) so far managed to recover 17.8% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 2% while shortening the period to a week, volatility was 1.91%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.53% and sits -0.81% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -2.2% losses and is down by -1.78% compared with its 200-day moving average of $19.39. Also, First Horizon National Corporation (FHN) needs to expand a 7.24% increase it experienced over the past twelve months.

American Homes 4 Rent (NYSE:AMH) Consensus Call At 1.9

As regular trading ended, American Homes 4 Rent (AMH) stock brought in a $0.25 rise to $20.17. The day started at a price of $19.91 but then traded as high as $20.17 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 1.9. American Homes 4 Rent is given 5 buy-equivalent recommendations, 0 sells and 3 holds. The company shares sank -13.17% from their peak of $23.23 and now has a $5.89 billion market value of equity.

American Homes 4 Rent Could Grow 18.99% More

AMH’s mean recommendation on Reuter’s scale presents no change from 1.87 thirty days ago to 1.87 now, which indicates a buy consensus from the analyst community. They see American Homes 4 Rent (AMH) price hitting a mean target of $24 a share, meaning the stock still has potential that could lift the price another 18.99% Also, the recent close suggests the stock is underpriced by 38.82% compared to the most bullish target.

American Homes 4 Rent (AMH) Returns -7.65% This Year

The company had seen its current volume reaching at 2.26 million shares in the last trade. That compares with the recent volume average of 1.81 million. At the close of regular trading, its last week’s stock price volatility was 1.41% which for the month reaches 1.49%. American Homes 4 Rent dipped to as low as $19.8 throughout the day and has returned -7.65% in this year. At one point in the past year, the shares traded as low as $18.39 but has recovered 9.68% since then.

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