Farmers & Merchants Bancorp Inc (NASDAQ: FMAO) stock closed at $32.16 on 11/6/24 after a major increase of 11.4%. Moreover, exceptionally high trading volume at 498% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 17.9% 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Farmers & Merchants Bancorp has a neutral Appreciation Score of 58 but a very high Power Rating of 92, leading to the Highest Value Trend Rating.
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.
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