Alert: Rating Upgrade (12/1/23)-Farmers National Banc Corp/OH (NASDAQ: FMNB).


Stock Rating Upgrade

Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Farmers National Banc Corp/OH (NASDAQ: FMNB) improved during the last several trading days. FMNB’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.


Recent Price Action

Farmers National Banc Corp/OH (NASDAQ: FMNB) stock closed at $12.87 on 12/1/23 after a large increase of 4.5%. Moreover, above average trading volume at 133% of normal accompanied the advance. The stock has risen 3.3% during the last week and has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, FMNB is expected to continue to be an important Value Builder.

Farmers National Banc has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Farmers National Banc has a slightly negative Appreciation Score of 36 and a neutral Power Rating of 57, resulting in the Low Neutral Value Trend Rating.

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