Wall Street is positive on Bank of America Corp (BAC). On average, analysts give the stock a Buy rating. The average price target is $35.354, which means analysts expect the stock to rise by 23.70% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 31, which is better than 31% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating BAC a Buy today. Find out what this means to you and get the rest of the rankings on BAC!
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Bank of America Corp Stock Today?
Bank of America Corp (BAC) stock is trading at $28.58 as of 1:06 PM on Tuesday, Sep 5, a drop of -$0.40, or -1.4% from the previous closing price of $28.98. The stock has traded between $28.54 and $29.12 so far today. Volume today is below average. So far 21,221,677 shares have traded compared to average volume of 37,019,957 shares.
Click Here to get the full Stock Report for Bank of America Corp stock.
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