First Merchants (FRME)
(Delayed Data from NSDQ)
$35.39 USD
+0.01 (0.03%)
Updated Jul 12, 2024 04:00 PM ET
After-Market: $35.38 -0.01 (-0.03%) 7:58 PM ET
2-Buy of 5 2
B Value D Growth D Momentum D VGM
First Merchants (FRME) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$41.20 | $43.00 | $40.00 | 16.45% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for First Merchants comes to $41.20. The forecasts range from a low of $40.00 to a high of $43.00. The average price target represents an increase of 16.45% from the last closing price of $35.38.
Analyst Price Targets (5 )
Broker Rating
First Merchants currently has an average brokerage recommendation (ABR) of 1.40 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by five brokerage firms. The current ABR compares to an ABR of 1.40 a month ago based on five recommendations.
Of the five recommendations deriving the current ABR, three are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 60% and 40% of all recommendations. A month ago, Strong Buy made up 60%, while Buy represented 40%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 3 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.40 | 1.40 | 1.40 | 1.40 | 1.40 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
5/1/2024 | Stephens | Terry J Mcevoy | Strong Buy | Strong Buy |
4/29/2024 | Piper Sandler | Nathan Race | Strong Buy | Strong Buy |
4/29/2024 | Raymond James | Daniel Tamayo | Moderate Buy | Moderate Buy |
4/25/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/26/2024 | Keefe Bruyette & Woods | Damon P Delmonte | Not Available | Moderate Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.40 |
ABR (Last week) | 1.40 |
# of Recs in ABR | 5 |
Average Target Price | $41.20 |
LT Growth Rate | NA |
Industry | Banks - Midwest |
Industry Rank by ABR | 108 of 252 |
Current Quarter EPS Est: | 0.78 |