| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 07/28/2023 | 1.38% | Piper Sandler | $24 → $23.5 | Downgrades | Neutral → Underweight |
| 02/09/2023 | 25.11% | Stephens & Co. | → $29 | Maintains | Equal-Weight |
| 12/21/2022 | 29.42% | Janney Montgomery Scott | → $30 | Initiates Coverage On | → Neutral |
| 10/24/2022 | 25.11% | Stephens & Co. | $32 → $29 | Maintains | Equal-Weight |
| 10/21/2022 | 16.48% | Piper Sandler | → $27 | Upgrades | Underweight → Neutral |
| 04/22/2022 | 76.88% | Piper Sandler | → $41 | Downgrades | Neutral → Underweight |
| 10/09/2020 | — | Stephens & Co. | Initiates Coverage On | → Equal-Weight | |
| 09/29/2020 | -7.25% | Piper Sandler | $23.5 → $21.5 | Maintains | Neutral |
| 07/23/2020 | 1.38% | 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 Piper Sandler on July 28, 2023. The analyst firm set a price target for $23.50 expecting FMAO to rise to within 12 months (a possible 1.38% upside). 5 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 Piper Sandler, and Farmers & Merchants downgraded their underweight 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 July 28, 2023 so you should expect the next rating to be made available sometime around July 28, 2024.
Is the Analyst Rating Farmers & Merchants (FMAO) correct?
While ratings are subjective and will change, the latest Farmers & Merchants (FMAO) rating was a downgraded with a price target of $24.00 to $23.50. The current price Farmers & Merchants (FMAO) is trading at is $23.18, which is out of the analyst's predicted range.