Seeing Is Believing
FRME is currently covered by 5 analysts with an average price target of $50.98. This is a potential upside of $7.56 (17.41%) from yesterday's end of day stock price of $43.42.
First Merchants's activity chart (see below) currently has 29 price targets and 54 ratings on display. The stock rating distribution of FRME is 95.45% BUY and 4.55% HOLD.
Analysts average stock forecasts to be materialized ratio is 75.73% with an average time for these price targets to be met of 437.86 days.
Highest price target for FRME is $55, Lowest price target is $38, average price target is $50.98.
Most recent stock forecast was given by NATHAN RACE from PIPER SANDLER on 31-Jan-2025. First documented stock forecast 11-Jul-2016.
Currently out of the existing stock ratings of FRME, 21 are a BUY (95.45%), 1 are a HOLD (4.55%).
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
$55
$11.58 (26.67%)
$47
22 days ago
(31-Jan-2025)
5/12 (41.67%)
$10.56 (23.76%)
275
Buy
$50
$6.58 (15.15%)
$40
22 days ago
(31-Jan-2025)
5/13 (38.46%)
$5.56 (12.51%)
278
Buy
$52
$8.58 (19.76%)
$50
22 days ago
(31-Jan-2025)
2/4 (50%)
$7.56 (17.01%)
177
Hold
$38
$-5.42 (-12.48%)
$45
6 months 15 days ago
(07-Aug-2024)
7/7 (100%)
$3.19 (9.16%)
581
Buy
$42.5
$-0.92 (-2.12%)
$36
9 months 24 days ago
(29-Apr-2024)
2/2 (100%)
$9.63 (29.30%)
118
What is FRME (First Merchants) average time for price targets to be met?
Which analyst has the current highest performing score on FRME (First Merchants) with a proven track record?
Which analyst has the current lower performing score on FRME (First Merchants) with a proven track record?
Which analyst has the most public recommendations on FRME (First Merchants)?
Which analyst is the currently most bullish on FRME (First Merchants)?
Which analyst is the currently most reserved on FRME (First Merchants)?