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First Merchants Corp. (FRME)
NASDAQ:FRME
Holding FRME?
Track your performance easily
See the Price Targets and Ratings of:
FRME Analyst Ratings
Moderate Buy
2 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
FRME Stock 12 Month Forecast
Average Price Target
$46.00
▲(4.24% Upside)
| Highest Price Target$47.00 | Average Price Target$46.00 | Lowest Price Target$45.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Piper Sandler
Reiterated
10/28/24
Hovde Group
―
Hold
―
Initiated
08/12/24
Hovde Group starts First Merchants (FRME) at Market PerformHovde Group analyst Brendan Nosal initiates coverage on First Merchants (NASDAQ: FRME) with a Market Perform rating.
Stephens
$45→$38
Hold
-13.89%
Downside
Downgraded
08/07/24
First Merchants downgraded to Equal Weight from Overweight at StephensFirst Merchants downgraded to Equal Weight from Overweight at Stephens
Best Analysts Covering First Merchants
Which Analyst Should I Follow If I Want to Buy FRME and Sell After:
1 Month
xxx
Success Rate
7/18 ratings generated profit
Average Return
+0.41%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 38.89% of your transactions generating a profit, with an average return of +0.41% per trade.
3 Months
xxx
Success Rate
13/18 ratings generated profit
Average Return
+7.27%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 72.22% of your transactions generating a profit, with an average return of +7.27% per trade.
1 Year
Success Rate
13/18 ratings generated profit
Average Return
+20.42%
reiterated a buy rating 3 months ago
Copying Damon Delmonte's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +20.42% per trade.
2 Years
xxx
Success Rate
12/18 ratings generated profit
Average Return
+21.29%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 66.67% of your transactions generating a profit, with an average return of +21.29% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
FRME Analyst Recommendation Trends
Rating
Apr 24
May 24
Jul 24
Aug 24
Oct 24
Strong Buy
0
0
0
0
0
Buy
6
5
6
6
6
Hold
0
0
0
2
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
6
5
6
8
8
Each month's total comprises the sum of three months' worth of ratings.
FRME Financial Forecast
FRME Stock Forecast FAQ
What is FRME’s average 12-month price target, according to analysts?
Based on analyst ratings, First Merchants Corp.’s 12-month average price target is $46.00.
What is FRME’s upside potential, based on the analysts’ average price target?
First Merchants Corp. has 4.24% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is FRME a Buy, Sell or Hold?
First Merchants Corp. has a consensus rating of Moderate Buy which is based on 2 buy ratings, 0 hold ratings and 0 sell ratings.
What is First Merchants Corp.’s price target?
The average price target for First Merchants Corp. is $46.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $47.00 ,the lowest forecast is $45.00. The average price target represents 4.24% Increase from the current price of $44.13.
The highest analyst price target is $47.00 ,the lowest forecast is $45.00. The average price target represents 4.24% Increase from the current price of $44.13.
What do analysts say about First Merchants Corp.?
First Merchants Corp.’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 2 Wall Streets Analysts.
How can I buy shares of FRME?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.