Farmers & Merchants Bancorp Inc (NASDAQ: FMAO) stock enjoyed a major increase of 13.2% on 6/10/24. The shares closed at $22.70. Moreover, this advance was accompanied by exceptionally high trading volume at 1500% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
FMAO is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Farmers & Merchants Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Farmers & Merchants Bancorp has a slightly positive Appreciation Score of 69 and a good Power Rating of 76, and the Highest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment