FIRST MERCHANTS CORP (FRME)

US3208171096 - Common Stock

43.22  +0.25 (+0.58%)

Buy % Consensus

80

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 42.84. This target is -0.88% below 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

Price Low Median Mean High 43.2238.3842.3342.8449.35 - -11.20% -2.06% -0.88% 14.18%
Up and Down Grades
Date Firm Action Rating
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
2021-07-28 Raymond James Maintains Outperform
2021-04-27 Raymond James Maintains Outperform