FIRST MERCHANTS CORP (FRME) Stock Analyst Ratings
USA - NASDAQ:FRME - US3208171096 - Common Stock
34.99 USD
-1.25 (-3.45%)
34.99 USD
0 (0%)
ChartMill assigns a Buy % Consensus number of 80% to FRME. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 46.92. This target is 34.1% above the current price.
FRME was analyzed by 12 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about FRME.
In the previous month the buy percentage consensus was at a similar level.
FRME was analyzed by 12 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2025-10-27 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-09-29 | Stephens & Co. | Reiterate | Equal-Weight -> Equal-Weight |
| 2025-09-26 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2025-09-26 | Raymond James | Downgrade | Outperform -> Market Perform |
| 2025-07-28 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-04-28 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-04-25 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2025-04-02 | Raymond James | Maintains | Outperform -> Outperform |
| 2025-01-31 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2025-01-31 | Raymond James | Reiterate | Outperform -> Outperform |
| 2025-01-31 | Piper Sandler | Reiterate | Overweight -> Overweight |
| 2024-12-04 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2024-10-28 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2024-08-28 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2024-07-29 | Keefe, Bruyette & Woods | Reiterate | Outperform -> Outperform |
| 2024-07-29 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2024-07-26 | Stephens & Co. | Maintains | Overweight -> Overweight |
| 2024-04-29 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2024-01-29 | Raymond James | Maintains | Outperform -> Outperform |
| 2023-10-30 | Raymond James | Maintains | Outperform -> Outperform |
| 2023-10-30 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2023-07-27 | Raymond James | Maintains | Outperform -> Outperform |
| 2023-07-26 | Stephens & Co. | Reiterate | Overweight -> Overweight |
| 2023-04-26 | Raymond James | Maintains | Outperform |
| 2023-04-06 | Raymond James | Maintains | Outperform |
| 2023-02-21 | Raymond James | Downgrade | Strong Buy -> Outperform |
| 2023-01-30 | Raymond James | Maintains | Strong Buy |
| 2022-10-26 | Raymond James | Maintains | Strong Buy |
| 2022-07-07 | Raymond James | Upgrade | Outperform -> Strong Buy |
| 2021-07-29 | Janney Montgomery Scott | Upgrade | Neutral -> Buy |
FIRST MERCHANTS CORP / FRME FAQ
What do analysts expect the price target to be for FIRST MERCHANTS CORP (FRME)?
12 analysts have analysed FRME and the average price target is 46.92 USD. This implies a price increase of 34.1% is expected in the next year compared to the current price of 34.99.
What is the consensus rating for FIRST MERCHANTS CORP (FRME) stock?
The consensus rating for FIRST MERCHANTS CORP (FRME) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.