Stocklytics Platform
Asset logo for symbol FRME
First Merchants
FRME62
$40.27arrow_drop_up0.72%$0.28
Asset logo for symbol FRME
FRME62

$40.27

arrow_drop_up0.72%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

First Merchants (FRME) Stocklytics Forecast

According to market analysts, the stock price of First Merchants Corp (FRME) is predicted to show positive growth over the coming years. Based on historical data and market trends, it is forecasted that FRME's stock price will continue to rise steadily. This forecast takes into consideration factors such as the company's financial performance, industry outlook, and overall market conditions. Investors can expect the stock price to increase steadily and potentially reach new highs by 2023. Market experts suggest that FRME is a promising investment opportunity with a positive outlook.
Various machine learning models and AI algorithms have also been utilized to predict FRME's stock price. These advanced techniques take into account vast amounts of data, including financial reports, market trends, and investor sentiment. Based on these predictions, it is expected that FRME's stock price will continue to grow steadily over the next few years. This aligns with the general consensus among market analysts who have provided positive ratings for FRME. They believe that the company's strong financials and promising market position make it a favorable investment option. With a target price that is expected to increase by 2023, FRME is considered a good buy by many analysts.
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Frequently Asked Questions

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What is the analyst price prediction for First Merchants (FRME) stock?

Analysts have set a target price of $41.47 for First Merchants (FRME), based on forecasts from 16 analysts. The predicted price range extends from a high of $55 to a low of $29. This represents a potential increase of up to 36.58% and a decrease of -27.99% from the current price of $40.27. These forecasts are as of 2016 Sep 28.
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What are the analyst ratings for First Merchants (FRME) stock?

The analyst ratings for First Merchants (FRME) are distributed as follows: 4 analysts recommend buying, 2 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 6 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering First Merchants.
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What is the AI price prediction for First Merchants (FRME) stock?

At present, there is no AI or machine-learning-based price prediction available for First Merchants (FRME) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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