Farmers & Merchants Analyst Price Targets

Wall Street analyst price targets and consensus rating for Farmers & Merchants (FMAO).

Price Target Range — 5 Quarters

Analyst Consensus — 2 Analysts

2Hold

Consensus RatingNeutral# Analysts2Avg. Consensus PT$33Upside to Avg. PT-10.8%

Rating Trend — Last 9 Months

Recent Analyst Actions

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Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 26, 2026	Piper Sandler	Adam Kroll	PT Raise	Neutral	$36→$39
Jul 29, 2026	Piper Sandler	Adam Kroll	PT Raise	Neutral	$32→$36
Jun 25, 2026	Piper Sandler	Adam Kroll	PT Raise	Neutral	$29→$32
Apr 27, 2026	Piper Sandler	Adam Kroll	PT Raise	Neutral	$28→$29
Apr 2, 2026	Piper Sandler	Adam Kroll	PT Cut	Neutral	$31→$28
Aug 5, 2024	Piper Sandler	Justin Crowley	PT Raise	Neutral	$24→$26
Jun 12, 2024	Piper Sandler	Justin Crowley	Assumes	Neutral	$24
Apr 5, 2024	Hovde Group	Brendan Nosal	Initiate	Market Perform	—

Analyst Ratings News

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $39

Piper Sandler analyst Adam Kroll maintains Farmers & Merchants (NASDAQ:FMAO) with a Neutral and raises the price target from $36 to $39.

Benzinga Newsdesk

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $36

Piper Sandler analyst Adam Kroll maintains Farmers & Merchants (NASDAQ:FMAO) with a Neutral and raises the price target from $32 to $36.

Benzinga Newsdesk

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $32

Piper Sandler analyst Adam Kroll maintains Farmers & Merchants (NASDAQ:FMAO) with a Neutral and raises the price target from $28.5 to $32.

Benzinga Newsdesk

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $28.5

Piper Sandler analyst Adam Kroll maintains Farmers & Merchants (NASDAQ:FMAO) with a Neutral and raises the price target from $28 to $28.5.

Benzinga Newsdesk

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Lowers Price Target to $28

Piper Sandler analyst Adam Kroll maintains Farmers & Merchants (NASDAQ:FMAO) with a Neutral and lowers the price target from $31 to $28.

Benzinga Newsdesk

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $26

Piper Sandler analyst Justin Crowley maintains Farmers & Merchants (NASDAQ:FMAO) with a Neutral and raises the price target from $24 to $26.

Benzinga Newsdesk

Farmers & Merchants Bancorp Inc

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL

Farmers & Merchants Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $39

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $36

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $32

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $28.5

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Lowers Price Target to $28

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $26

People Also Watch

People Also Watch

Farmers & Merchants Bancorp Inc

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL

Farmers & Merchants Analyst Price Targets

Recent Analyst Actions

Analyst Ratings News

PROPiper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $39

PROPiper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $36

PROPiper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $32

PROPiper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $28.5

PROPiper Sandler Maintains Neutral on Farmers & Merchants, Lowers Price Target to $28

PROPiper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $26

People Also Watch

People Also Watch

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $39

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $36

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $32

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $28.5

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Lowers Price Target to $28

PRO
Piper Sandler Maintains Neutral on Farmers & Merchants, Raises Price Target to $26