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bank of america stock price target

by Elenora Howe Published 3 years ago Updated 2 years ago
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Stock Price Target
High$55.00
Low$34.00
Average$42.31
Current Price$33.36

Is Bank of America (BAC) stock a good buy?

According to the issued ratings of 19 analysts in the last year, the consensus rating for Bank of America stock is Buy based on the current 1 sell rating, 5 hold ratings and 13 buy ratings for BAC. The average twelve-month price target for Bank of America is $40.54 with a high price target of $47.00 and a low price target of $30.00.

What is the target price for bank of America analysts?

Bank of America stock forecasts are adjusted once a day based on the closing price of the previous trading day. The minimum target price for Bank of America analysts is $ 51.57 .

What is the price targets for Bank of America Corporation (BAC)?

Their average twelve-month price target is $38.03, predicting that the stock has a possible downside of 11.65%. The high price target for BAC is $45.00 and the low price target for BAC is $25.00. There are currently 2 sell ratings, 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus rating of "Buy."

What is the target price for bank of America shares in 2025?

The weighted average target price per Bank of America share in Feb 2025 is: 88.26. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 8.739% volatility is expected. Pessimistic target level: 83.87 Optimistic target level: 91.91 Target values for the price of one Bank of America share for Mar 2025.

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Is Bank of America a buy or sell?

For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.75%2Buy18.15%3Hold9.70%4Sell5.35%2 more rows

Is Bank of America a good stock to buy now?

Summary. Interest rates are rising, yet Bank of America stock is still cheap. The stock trades at just 10x forward earnings. The rising interest rate environment may lead to a sustained increase in net interest yields.

Where will BAC stock be in 5 years?

quote is equal to 33.315 USD at 2022-07-22. Based on our forecasts, a long-term increase is expected, the "BAC" stock price prognosis for 2027-07-14 is 49.681 USD. With a 5-year investment, the revenue is expected to be around +49.13%. Your current $100 investment may be up to $149.13 in 2027.

What was Bank of America highest stock price?

The all-time high Bank Of America stock closing price was 54.90 on November 16, 2006. The Bank Of America 52-week high stock price is 50.11, which is 49.9% above the current share price.

Will Bank of America raise dividends in 2022?

CHARLOTTE, N.C., June 27, 2022 /PRNewswire/ -- Bank of America today commented on the results of the Federal Reserve's 2022 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.22 per share beginning in the third quarter of 2022.

Are banks a good investment for 2022?

After a big year in 2021 and a hot start to 2022, bank stocks have lagged along with the broader market this year. Aggressive Federal Reserve interest rate hikes could set up bank stocks for outsize earnings growth in the next couple of years.

Is Bank of America a good bank?

Bank of America has received several J.D. Power awards over the years. The bank received the top ranking for Retail Banking Advice in 2021. In 2020, the Bank of America Corporate, Commercial, and Business Banking Contact Centers earned J.D. Power Certification for the 11th consecutive year.

Is Ford a good stock buy right now?

Bottom line: Ford stock is not a buy now. Shares are also still below a declining 50-day line, and resistance at that moving average coincides with those prior two peaks. Traders should first see if Ford stock can get back above, and hold above, its 50-day line before buying.

What is fair value for BAC stock?

Bank of America's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2022 was $3.57. Therefore, the Peter Lynch Fair Value for today is $19.17. As of today (2022-07-21), Bank of America's share price is $33.26.

Will BAC stock go up?

Stock Price Forecast The 24 analysts offering 12-month price forecasts for Bank of America Corp have a median target of 42.00, with a high estimate of 55.00 and a low estimate of 34.00. The median estimate represents a +25.67% increase from the last price of 33.42.

When did Bank of America stock split?

The first split for BAC took place on November 21, 1986. This was a 2 for 1 split, meaning for each share of BAC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. BAC's second split took place on February 28, 1997.

What happened to Bank of America stock 2009?

Bank of America could actually turn out to be the best-performing stock in the Dow Jones Industrial Average between now and the end of the year....Join Over 1 Million Premium Members Receiving…Closing DateTransactionSizeJanuary 2009Merrill Lynch$44.4 billionJuly 2008Countrywide Financial$4.2 billion3 more rows•Jan 27, 2009

Why is Warren Buffet buying Bank of America?

He convinced Moynihan that a deal with Berkshire would stabilize the bank's stock price, boost investor sentiment and also pad the bank's cash position during a difficult period. Buffett ended up investing $5 billion in preferred Bank of America stock redeemable at a 5% premium and paying a 5% annual dividend.

Why should I invest in Bank of America?

As we emerge from the recession, economic conditions are improving, and that's great news for Bank of America. The U.S. GDP is expected to grow 6% in 2021, which would be the highest annual growth rate since 1983. In 2022, it is projected to grow another 3.5% on top of that.

What are the best stocks to buy now?

So here we're focusing on the 10 best companies with the most undervalued stock prices today....The 10 Best Stocks as of July 2022Equifax EFX.Salesforce CRM.Anheuser-Busch InBev SA/NV BUD.ASML Holding ASML.Zimmer Biomet Holdings ZBH.Guidewire Software GWRE.Tyler Technologies TYL.Comcast CMCSA.More items...•

What is BAC’s average 12-month price target, according to analysts?

Based on analyst ratings, Bank of America’s 12-month average price target is $46.67.

What is BAC’s upside potential, based on the analysts’ average price target?

Bank of America has 27.97% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the [object Object] tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the [object Object] and follow the analysts of your choice. Visit their profiles for more details a...

Stock Price Forecast

Analyst Recommendations

The 24 analysts offering 12-month price forecasts for Bank of America Corp have a median target of 51.90, with a high estimate of 66.00 and a low estimate of 40.00. The median estimate represents a +15.28% increase from the last price of 45.02.

Analyst price target for BAC

The current consensus among 29 polled investment analysts is to Buy stock in Bank of America Corp. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail

BAC earnings per share forecast

Based on 12 analyst s offering 12 month price targets for Bank Of America Corp.

BAC revenue forecast

What is BAC 's earnings per share in the next 3 years based on estimates from 12 analyst s?

BAC earnings growth forecast

What is BAC 's revenue in the next 3 years based on estimates from 9 analyst s?

BAC revenue growth forecast

How is BAC forecast to perform vs Financial Services companies and vs the US market?

Historical and forecast chart of Bank of America stock

How is BAC forecast to perform vs Financial Services companies and vs the US market?

Bank of America information and performance

The chart below shows the historical price of Bank of America stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Bank of America stock price can be found in the table below.

Bank of America price target for 2021 by month

Bank of America is an international corporation operating in 35 countries. The company has 213,000 employees, 16,000 ATMs and 4,700 offices across America. It is engaged in three areas: lending to individuals and servicing their accounts, helping corporations manage assets, trading on the currency, stock and commodity exchanges.

Bank of America (BAC) stock dividend

The weighted average target price per Bank of America share in Jan 2025 is: 48.94. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 5.019% volatility is expected.

Historical and forecast chart of Bank of America stock

Bank of America last paid dividends on 03/03/2022. The next scheduled payment will be on 03/25/2022. The amount of dividends is $0.78 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment.

Bank of America Daily Price Targets

The chart below shows the historical price of Bank of America stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Bank of America stock price can be found in the table below.

Bank of America forecast for this year

Forecast target price for 02-26-2022: $ 46.60. Positive dynamics for Bank of America shares will prevail with possible volatility of 3.942%.

Bank of America information and performance

An downtrend is forecast for this month with an optimal target price of $ 44.7173. Pessimistic: $42.75. Optimistic: $47.07

Bank of America (BAC) stock dividend

Bank of America is an international corporation operating in 35 countries. The company has 213,000 employees, 16,000 ATMs and 4,700 offices across America. It is engaged in three areas: lending to individuals and servicing their accounts, helping corporations manage assets, trading on the currency, stock and commodity exchanges.

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