Which Analysts Are Watching Farmers National Banc Corp. (FMNB)?

Elias Hubbard
October 13, 2017

Jefferies maintained Associated Banc Corp (NYSE:ASB) rating on Friday, September 15. Envestnet Asset Management Inc. now owns 9,195 shares of the bank's stock worth $224,000 after purchasing an additional 1,147 shares during the period.

Associated Banc-Corp (NYSE:ASB) last released its earnings results on Thursday, July 20th. It has outperformed by 30.97% the S&P500. Therefore 74% are positive. Fate Therapeutics has $8 highest and $4 lowest target. Jefferies Group now has a "Hold" rating and a $28.00 target price on the stock. Oppenheimer maintained Fortinet Inc (NASDAQ:FTNT) on Tuesday, July 11 with "Buy" rating. They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term. Keefe Bruyette & Woods initiated Farmers National Banc Corp (NASDAQ:FMNB) rating on Tuesday, September 22. The rating was maintained by Needham with "Buy" on Thursday, July 23.

Farmers National Banc Corp.is a one-bank holding company. The company had revenue of $260.11 million during the quarter, compared to analysts' expectations of $266.24 million. The Company, through its banking subsidiary Associated Bank, National Association and various nonbanking subsidiaries, provides a range of banking and non-banking services and products to individuals. It has a 17.74 P/E ratio. The Firm operates through three divisions: Corporate and Commercial Specialty; Community, Consumer, and Business, and Risk Management and Shared Services.

Investors sentiment decreased to 1.4 in 2017 Q2. The 50 day moving average moved up $1.72 and the 200 day average moved up $0.73. Convergence Investment Partners Llc sold 128,147 shares as Associated Banc Corp (ASB)'s stock declined 7.25%. 27 funds opened positions while 86 raised stakes. The bank reported $0.35 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.32 by $0.03. Following the completion of the transaction, the chief executive officer now owns 127,585 shares in the company, valued at approximately $3,012,281.85. New York-based Renaissance Technology Ltd Liability Corporation has invested 0.01% in Associated Banc Corp (NYSE:ASB).

Ancora Advsrs Limited accumulated 187,856 shares. Nationwide Fund Advsrs invested 0% of its portfolio in Farmers National Banc Corp (NASDAQ:FMNB). Keefe, Bruyette & Woods restated a "neutral" rating on shares of Associated Banc-Corp in a research note on Friday, September 22nd. State Street Corp accumulated 457,716 shares. Retail Bank Of Montreal Can invested 0% in Farmers National Banc Corp (NASDAQ:FMNB). 79,828 are owned by Pub Employees Retirement Of Ohio. The original version of this article can be viewed at https://www.dispatchtribunal.com/2017/10/12/suntrust-banks-inc-reaffirms-hold-rating-for-associated-banc-corp-asb.html. Capstone Asset invested 0.01% in Associated Banc Corp (NYSE:ASB). Oppenheimer maintained the shares of FTNT in report on Thursday, July 27 with "Buy" rating. Stifel holds 19,100 shares. The stock rose 0.20% or $0.08 reaching $38.59 per share.

Among 14 analysts covering Associated Banc (NYSE:ASB), 2 have Buy rating, 1 Sell and 11 Hold. Therefore 14% are positive. Finally, Piper Jaffray Companies set a $25.00 price target on Associated Banc-Corp and gave the company a "hold" rating in a research report on Saturday, July 22nd. The firm has "Hold" rating given on Friday, September 29 by Robert W. Baird. Also, insider Christopher C. Piotrowski sold 16,218 shares of the company's stock in a transaction on Tuesday, August 8th. The firm has "Underperform" rating given on Friday, April 1 by Macquarie Research. The firm earned "Hold" rating on Friday, August 25 by Robert W. Baird. The company was maintained on Wednesday, April 5 by Jefferies. Also, the Hold rating count is 2 as of 10/11/17. The stock has "Buy" rating by Keefe Bruyette & Woods on Monday, June 26.

It closed at $24.65 lastly. It is down 28.69% since October 12, 2016 and is uptrending. It has outperformed by 3.47% the S&P500. Norinchukin Bancorp The reported 29,526 shares or 0.03% of all its holdings. Sii Invs Wi has invested 0.02% in Associated Banc Corp (NYSE:ASB). State Teachers Retirement Sys holds 268,846 shares or 0.02% of its portfolio. Moreover, Cornercap Counsel Incorporated has 0.2% invested in Farmers National Banc Corp (NASDAQ:FMNB) for 80,640 shares. Bowling Portfolio Management Limited Company holds 94,063 shares. Laurion Cap Management L P reported 59,424 shares. Kennedy Cap Management Incorporated has 133,249 shares. Cap Investors reported 1.20 million shares stake. Fin Counselors has invested 0.04% in Baker Hughes A GE Co (NYSE:BHI). Benjamin F Edwards & holds 5,699 shares or 0.02% of its portfolio.

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