FIRST MERCHANTS CORP (FRME)
US3208171096 - Common Stock
ChartMill assigns a Buy % Consensus number of 85% to FRME. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 42.02. This target is 21.7% above the current price.
FRME was analyzed by 11 analysts. The buy percentage consensus is at 85. So analysts seem to be very confident about FRME.
In the previous month the buy percentage consensus was at a similar level.
FRME was analyzed by 11 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 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 |
| 2021-07-28 | Raymond James | Maintains | Outperform |
| 2021-04-27 | Raymond James | Maintains | Outperform |