First Merchants Corporation (FRME) Social Stream



First Merchants Corporation (FRME): $35.77

-0.41 (-1.13%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

First Merchants Corp (FRME) Price Targets From Analysts

Use the tables below to see what analysts covering First Merchants Corp think about its future price and what recommendations they have for investors and traders.

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 $43.15 11.82%
2021-11-11 4 $49 $47 $48.5 $43.15 12.4%
2021-12-14 5 $49 $47 $48.2 $43.15 11.7%
2022-01-03 5 $53 $47 $49 $43.15 13.56%
2022-01-27 5 $53 $47 $49.8 $43.15 15.41%
2022-03-01 5 $53 $47 $50.6 $43.15 17.27%

The Trend in the Analyst Price Target


Over the past 45 weeks, FRME's average price target has gone up $1.43.

FRME reports an average of 17.09% for its upside potential over the past 47 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-06-26 3 55 49 52.50 43.47 20.77%
2021-08-01 6 54 45 48.33 40.73 18.66%
2021-08-07 6 54 45 48.33 42.43 13.91%
2021-11-11 4 49 47 48.50 42.88 13.11%
2022-03-01 5 53 47 50.60 42.52 19%

FRME Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.2 4 1 0 0 0 5

The Trend in the Broker Recommendations


Over the past 35 weeks, FRME's average broker recommendation rating improved by 0.97.

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

  • To contextualize these metrics, consider that out of all US stocks, First Merchants Corp's variance in analysts' estimates is lower than 40.35% of them.
  • FRME has a greater number of analysts covering the stock than 134.14% of stocks in the mid market cap category.
  • First Merchants Corp's upside potential (average analyst target price relative to current price) is higher than 189.29% of stocks in the mid market cap category.
  • To contextualize these metrics, consider that out of stocks in the mid market cap category, First Merchants Corp's average analyst price target is higher than 334.6% of them.

Stocks similar to First Merchants Corp in the Banking industry regarding analyst recommendations and price targets are FNB, FFBC, and CFR.

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


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