Bank of America (BAC) Stock Loses -2%: What’s Next?

 

Bank of America (BAC) stock is down -2% Tuesday and is lower by -8.46% over the last 12 months, and the average rating from Wall Street analysts is a Moderate Buy. Stock Score Report, InvestorsObserver’s proprietary scoring system, gives BAC stock a score of 56 out of a possible 100.

That score is chiefly influenced by a fundamental score of 75. In addition to the average rating from Wall Street analysts, BAC stock has a mean target price of $33.08. This means analysts expect the stock to increase 19.38% over the next 12 months. BAC’s score also includes a short-term technical score of 55. The long-term technical score for BAC is 38.

Click Here to get the full Stock Score Report on Bank of America Corp (BAC).

What’s Happening with BAC Stock Today

Bank of America Corp (BAC) stock is down -2.07% while the S&P 500 is down -1.12% as of 12:13 PM on Tuesday, Oct 8. BAC is down -$0.59 from the previous closing price of $28.29 on volume of 25,606,237 shares. Over the past year the S&P 500 is higher by 0.74% while BAC is down -8.46%. BAC earned $2.61 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.63.

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Symbols: BAC

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