First Merchants Corporation (FRME) Social Stream



First Merchants Corporation (FRME): $43.29

0.12 (+0.28%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

FIRST MERCHANTS CORP (FRME) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering FRME.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-05 4 $49 $47 $48.25 $43.89 9.93%
2021-11-11 4 $49 $47 $48.5 $43.89 10.5%
2021-12-14 5 $49 $47 $48.2 $43.89 9.82%
2022-01-03 5 $53 $47 $49 $43.89 11.64%
2022-01-27 5 $53 $47 $49.8 $43.89 13.47%
2022-04-26 5 $53 $47 $50.6 $43.89 15.29%
2022-04-28 5 $53 $47 $50 $43.89 13.92%
2022-05-05 5 $53 $47 $49.6 $43.89 13.01%
2022-06-01 5 $52 $47 $49.4 $43.89 12.55%
2022-07-27 5 $52 $45 $48.4 $43.89 10.28%
2022-08-02 5 $50 $46 $47.4 $43.89 8%
2022-10-25 5 $50 $46 $48.2 $43.89 9.82%
2022-11-01 5 $52 $47 $49.6 $43.89 13.01%

The Trend in the Analyst Price Target


FRME's average price target has moved down $2.9 over the prior 16 months.

FRME reports an average of 19.05% for its upside potential over the past 46 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-01-27 5 53 47 49.8 41.52 19.94%
2022-03-29 5 53 47 50.6 43.15 17.27%
2022-07-27 5 52 45 48.4 39.22 23.41%
2022-09-27 5 50 46 48.2 39.30 22.65%
2022-10-25 5 50 46 48.2 43.80 10.05%

FRME Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1 5 0 0 0 0 5

The Trend in the Broker Recommendations


FRME's average broker recommendation rating improved by 0.83 over the prior 13 months.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.

  • FIRST MERCHANTS CORP's variance in analysts' estimates is lower than -22.99% of all US stocks.
  • In the context of all US stocks, FIRST MERCHANTS CORP's upside potential (average analyst target price relative to current price) is higher than 325.72% of them.
  • In the context of stocks in the mid market cap category, FIRST MERCHANTS CORP's number of analysts covering the stock is higher than 327.3% of them.
  • In terms of how FIRST MERCHANTS CORP fares relative to stocks in the mid market cap category, note that its average analyst price target is greater than 841% of that group.

Stocks similar to FIRST MERCHANTS CORP in the Banking industry regarding analyst recommendations and price targets are FFBC, ONB, and FULT.

Is FRME a Buy, Hold or Sell? See the POWR Ratings now!


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