Raymond James Reaffirms Their Buy Rating on Farmers National Banc Oh (FMNB)

In a report released yesterday, Daniel Tamayo from Raymond James maintained a Buy rating on Farmers National Banc Oh, with a price target of $15.00.

Easter Sale - 70% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Tamayo covers the Financial sector, focusing on stocks such as Farmers National Banc Oh, QCR Holdings, and Webster Financial. According to TipRanks, Tamayo has an average return of 14.2% and a 65.05% success rate on recommended stocks.

Currently, the analyst consensus on Farmers National Banc Oh is a Moderate Buy with an average price target of $14.67.

Based on Farmers National Banc Oh’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $69.67 million and a net profit of $14.64 million. In comparison, last year the company earned a revenue of $69.32 million and had a net profit of $14.39 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FMNB in relation to earlier this year. Last month, Nicholas Varischetti, a Director at FMNB bought 2,000.00 shares for a total of $25,800.00.