Farmer Bros Co has a consensus price target of $8.67 based on the ratings of 3 analysis. The 3 most-recent analyst ratings were released by Craig-Hallum, Roth MKM, and Roth Capital on June 17, 2024, May 12, 2023, and September 1, 2021, respectively. With an average price target of $8.67 between Craig-Hallum, Roth MKM, and Roth Capital, there's an implied 227.04% upside for Farmer Bros Co from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/17/2024 | Buy Now | 126.42% | Craig-Hallum | Eric Des Lauriers | → $6 | Initiates | → Buy | Get Alert |
05/12/2023 | Buy Now | 126.42% | Roth MKM | Gerry Sweeney | $10 → $6 | Maintains | Buy | Get Alert |
09/01/2021 | Buy Now | 428.3% | Roth Capital | Gerry Sweeney | — | Upgrade | Neutral → Buy | Get Alert |
The latest price target for Farmer Bros (NASDAQ:FARM) was reported by Craig-Hallum on June 17, 2024. The analyst firm set a price target for $6.00 expecting FARM to rise to within 12 months (a possible 166.67% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Farmer Bros (NASDAQ:FARM) was provided by Craig-Hallum, and Farmer Bros initiated their buy rating.
The last upgrade for Farmer Bros Co happened on September 1, 2021 when Roth Capital raised their price target to $14. Roth Capital previously had a neutral for Farmer Bros Co.
There is no last downgrade for Farmer Bros.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Farmer Bros, 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 Farmer Bros was filed on June 17, 2024 so you should expect the next rating to be made available sometime around June 17, 2025.
While ratings are subjective and will change, the latest Farmer Bros (FARM) rating was a initiated with a price target of $0.00 to $6.00. The current price Farmer Bros (FARM) is trading at is $2.25, which is within the analyst’s predicted range.
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