Farmers & Merchants (FMAO) analyst forecast and price target
Analyst forecast
Consensus of 3 analyst ratings
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Piper Sandler | Maintained | Neutral | $36.00 from $32.00 | Jul 29, 2026 |
| Piper Sandler | Maintained | Neutral | $32.00 from $28.50 | Jun 25, 2026 |
| Piper Sandler | Maintained | Neutral | $28.50 from $28.00 | Apr 27, 2026 |
| Piper Sandler | Maintained | Neutral | $28.00 from $31.00 | Apr 2, 2026 |
| Piper Sandler | Maintained | Neutral | $26.00 from $24.00 | Aug 5, 2024 |
| Piper Sandler | Initiated Coverage | Neutral | $24.00 | Jun 12, 2024 |
| Hovde Group | Initiated Coverage | Market Perform | — | Apr 5, 2024 |
| Stephens & Co. | Maintained | Equal-Weight | $24.00 | Aug 1, 2023 |
| Piper Sandler | Downgraded | Neutral → Underweight | $23.50 from $24.00 | Jul 28, 2023 |
| Stephens & Co. | Maintained | Equal-Weight | $29.00 | Feb 9, 2023 |
Frequently asked questions
Is FMAO a buy, sell, or hold?
Analysts covering Farmers & Merchants currently average a Hold rating: 0 buy, 3 hold and 0 sell, from 3 analysts. Ratings reflect analyst opinion, not investment advice.
What is the latest analyst rating on FMAO?
On Jul 29, 2026, Piper Sandler maintained Farmers & Merchants at Neutral with a price target of $36.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.