| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 12/21/2022 | 8.93% | Janney Montgomery Scott | → $30 | Initiates Coverage On | → Neutral |
| 10/24/2022 | 5.3% | Stephens & Co. | $32 → $29 | Maintains | Equal-Weight |
| 10/21/2022 | -1.96% | Piper Sandler | → $27 | Upgrades | Underweight → Neutral |
| 04/22/2022 | 48.87% | Piper Sandler | → $41 | Downgrades | Neutral → Underweight |
| 10/09/2020 | — | Stephens & Co. | Initiates Coverage On | → Equal-Weight | |
| 09/29/2020 | -21.93% | Piper Sandler | $23.5 → $21.5 | Maintains | Neutral |
| 07/23/2020 | -14.67% | Piper Sandler | $22 → $23.5 | Maintains | Neutral |
| 10/02/2019 | — | Piper Sandler | Initiates Coverage On | → Hold |
What is the target price for Farmers & Merchants (FMAO)?
The latest price target for Farmers & Merchants (NASDAQ: FMAO) was reported by Janney Montgomery Scott on December 21, 2022. The analyst firm set a price target for $30.00 expecting FMAO to rise to within 12 months (a possible 8.93% upside). 4 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Farmers & Merchants (FMAO)?
The latest analyst rating for Farmers & Merchants (NASDAQ: FMAO) was provided by Janney Montgomery Scott, and Farmers & Merchants initiated their neutral rating.
When is the next analyst rating going to be posted or updated for Farmers & Merchants (FMAO)?
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 December 21, 2022 so you should expect the next rating to be made available sometime around December 21, 2023.
Is the Analyst Rating Farmers & Merchants (FMAO) correct?
While ratings are subjective and will change, the latest Farmers & Merchants (FMAO) rating was a initiated with a price target of $0.00 to $30.00. The current price Farmers & Merchants (FMAO) is trading at is $27.54, which is within the analyst's predicted range.