FRME - First Merchants - Stock Forecast

Financial Services - Sector
Coverage Performance Price Targets & Ratings Chart Insider Trading

FRME is currently covered by 5 analysts with an average price target of $39.46. This is a potential upside of $6.95 (21.38%) from yesterday's end of day stock price of $32.51.

First Merchants's activity chart (see below) currently has 24 price targets and 36 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 68.25% with an average time for these price targets to be met of 268.67 days.

Highest price target for FRME is $40, Lowest price target is $34, average price target is $39.46.

Most recent stock forecast was given by DANIEL TAMAYO from RAYMOND JAMES on 29-Jan-2024. First documented stock forecast 11-Jul-2016.

Best performing analysts who are covering FRME - First Merchants:

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

Currently out of the existing stock ratings of FRME, 14 are a BUY (100%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

40

$5.97 (17.54%)

33

2 months 22 days ago

2/12 (16.67%)

$5.15 (14.78%)

89

Buy

36

$1.97 (5.79%)

36

5 months 21 days ago

3/7 (42.86%)

$9.24 (34.53%)

300

Buy

36

$1.97 (5.79%)

47

5 months 21 days ago

1/2 (50%)

$9.24 (34.53%)

44

Buy

34

$-0.03 (-0.09%)

45

8 months 25 days ago

5/5 (100%)

$2.66 (8.49%)

215

Buy

1 years 9 months 13 days ago

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 268.67 days on average for the stock forecasts to be realized with a an average price target met ratio 68.25

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?

SCOTT SIEFERS

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

Nathan Race works at PIPER SANDLER and has 29 price targets and 16 ratings on FRME

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

Daniel Tamayo with highest potential upside - $5.97

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

Terry Mcevoy with lowest potential downside - -$0.03

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