The latest price target for Farmers & Merchants (NASDAQ:FMAO) was reported by Piper Sandler on August 5, 2024. The analyst firm set a price target for $26.00 expecting FMAO to fall to within 12 months (a possible -19.80% downside). 3 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 maintained their neutral rating.

The last upgrade for Farmers & Merchants Bancorp Inc happened on October 21, 2022 when Piper Sandler raised their price target to $27. Piper Sandler previously had an underweight for Farmers & Merchants Bancorp Inc.

The last downgrade for Farmers & Merchants Bancorp Inc happened on July 28, 2023 when Piper Sandler changed their price target from $24 to $23.5 for Farmers & Merchants Bancorp Inc.

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 August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.

While ratings are subjective and will change, the latest Farmers & Merchants (FMAO) rating was a maintained with a price target of $24.00 to $26.00. The current price Farmers & Merchants (FMAO) is trading at is $32.42, which is out of the analyst’s predicted range.