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

Raymond James analyst Daniel Tamayo reiterated a Buy rating on Farmers National Banc Oh on October 27 and set a price target of $16.00. The company’s shares closed yesterday at $13.52.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

According to TipRanks, Tamayo is a 4-star analyst with an average return of 12.4% and a 56.00% success rate. Tamayo covers the Financial sector, focusing on stocks such as ACNB, Associated Banc-Corp, and F.N.B..

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Farmers National Banc Oh with a $16.00 average price target, representing a 18.34% upside. In a report released on October 15, TR | OpenAI – 4o also upgraded the stock to a Buy with a $15.50 price target.

FMNB market cap is currently $509.1M and has a P/E ratio of 9.37.

Based on the recent corporate insider activity of 39 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. Earlier this month, Edward Muransky, a Director at FMNB bought 73,500.00 shares for a total of $998,865.00.