FRME - First Merchants - Stock Forecast

Financial Services - Sector
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FRME is currently covered by 4 analysts with an average price target of $47.12. This is a potential upside of $6.89 (17.13%) from yesterday's end of day stock price of $40.23.

First Merchants's activity chart (see below) currently has 27 price targets and 41 ratings on display. The stock rating distribution of FRME is 100% BUY.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 71.23% with an average time for these price targets to be met of 306.67 days.

Highest price target for FRME is $47, Lowest price target is $38, average price target is $47.12.

Most recent stock forecast was given by NATHAN RACE from PIPER SANDLER on 28-Oct-2024. First documented stock forecast 11-Jul-2016.

Best performing analysts who are covering FRME - First Merchants:

Nathan Race David Long Scott Siefers Daniel Tamayo Terry Mcevoy Peyton Green

Currently out of the existing stock ratings of FRME, 16 are a BUY (100%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

$47

$3.83 (8.87%)

$50

1 months 20 days ago
(28-Oct-2024)

3/9 (33.33%)

$9.84 (26.48%)

300

Buy

$38

$-5.17 (-11.98%)

$45

4 months 11 days ago
(07-Aug-2024)

6/7 (85.71%)

$2.57 (7.25%)

182

Buy

$42.5

$-0.67 (-1.55%)

$36

7 months 19 days ago
(29-Apr-2024)

2/3 (66.67%)

$8.37 (24.52%)

118

Buy

$40

$-3.17 (-7.34%)

$33

10 months 19 days ago
(29-Jan-2024)

5/12 (41.67%)

$5.15 (14.78%)

276

Buy

2 years 5 months 11 days ago
(07-Jul-2022)

2/2 (100%)

$9 (25.71%)

551

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What is FRME (First Merchants) average time for price targets to be met?

On average it took 306.67 days on average for the stock forecasts to be realized with a an average price target met ratio 71.23

Which analyst has the current highest performing score on FRME (First Merchants) with a proven track record?

NATHAN RACE

Which analyst has the current lower performing score on FRME (First Merchants) with a proven track record?

PEYTON GREEN

Which analyst has the most public recommendations on FRME (First Merchants)?

Nathan Race works at PIPER SANDLER and has 33 price targets and 18 ratings on FRME

Which analyst is the currently most bullish on FRME (First Merchants)?

Nathan Race with highest potential upside - $3.83

Which analyst is the currently most reserved on FRME (First Merchants)?

Terry Mcevoy with lowest potential downside - -$5.17

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