| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/24/2022 | 5.02% | Stephens & Co. | $32 → $29 | Maintains | Equal-Weight |
| 10/21/2022 | -2.22% | Piper Sandler | → $27 | Upgrades | Underweight → Neutral |
| 04/22/2022 | 48.48% | Piper Sandler | → $41 | Downgrades | Neutral → Underweight |
| 10/09/2020 | — | Stephens & Co. | Initiates Coverage On | → Equal-Weight | |
| 09/29/2020 | -22.14% | Piper Sandler | $23.5 → $21.5 | Maintains | Neutral |
| 07/23/2020 | -14.9% | Piper Sandler | $22 → $23.5 | Maintains | Neutral |
| 10/02/2019 | — | Piper Sandler | Initiates Coverage On | → Hold |
Farmers & Merchants Questions & Answers
The latest price target for Farmers & Merchants (NASDAQ: FMAO) was reported by Stephens & Co. on October 24, 2022. The analyst firm set a price target for $29.00 expecting FMAO to rise to within 12 months (a possible 5.02% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Farmers & Merchants (NASDAQ: FMAO) was provided by Stephens & Co., and Farmers & Merchants maintained their equal-weight rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Farmers & Merchants, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Farmers & Merchants was filed on October 24, 2022 so you should expect the next rating to be made available sometime around October 24, 2023.
While ratings are subjective and will change, the latest Farmers & Merchants (FMAO) rating was a maintained with a price target of $32.00 to $29.00. The current price Farmers & Merchants (FMAO) is trading at is $27.61, which is out of the analyst's predicted range.