| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/21/2022 | 6.59% | Piper Sandler | → $27 | Upgrades | Underweight → Neutral |
| 04/22/2022 | 61.86% | Piper Sandler | → $41 | Downgrades | Neutral → Underweight |
| 10/09/2020 | — | Stephens & Co. | Initiates Coverage On | → Equal-Weight | |
| 09/29/2020 | -15.12% | Piper Sandler | $23.5 → $21.5 | Maintains | Neutral |
| 07/23/2020 | -7.22% | 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 Piper Sandler on October 21, 2022. The analyst firm set a price target for $27.00 expecting FMAO to rise to within 12 months (a possible 6.59% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Farmers & Merchants (NASDAQ: FMAO) was provided by Piper Sandler, and Farmers & Merchants upgraded their neutral 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 21, 2022 so you should expect the next rating to be made available sometime around October 21, 2023.
While ratings are subjective and will change, the latest Farmers & Merchants (FMAO) rating was a upgraded with a price target of $0.00 to $27.00. The current price Farmers & Merchants (FMAO) is trading at is $25.33, which is within the analyst's predicted range.