Stock Rating Upgrade
Of late the Value Trend Rating for Farmers & Merchants Bancorp Inc (NASDAQ: FMAO) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 8/9/24, Farmers & Merchants Bancorp Inc (NASDAQ: FMAO) stock declined modestly by -1.4%, closing at $23.97. However, this decline was accompanied by unusually low trading volume at 64% of normal. The stock has performed in line with the market over the last nine months and has declined -7.0% 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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Farmers & Merchants Bancorp has a slightly positive Appreciation Score of 61 and a slightly positive Power Rating of 67, triggering the Positive Value Trend Rating.
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