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What is the Forecast Price for Bank of America Corp (BAC) Stock?

Thursday, March 26, 2020 01:57 PM | InvestorsObserver Analysts

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What is the Forecast Price for Bank of America Corp (BAC) Stock?

Bank of America Corp (BAC) stock has fallen -17.94% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives BAC stock a score of 61 out of a possible 100.

That rank is mainly influenced by a fundamental score of 86. In addition to the average rating from Wall Street analysts, BAC stock has a mean target price of 35.433. This means analysts expect the stock to rise 59.75% over the next 12 months. BAC's rank also includes a long-term technical score of 51. The short-term technical score for BAC is 46.

Overall Score - 61
BAC has an Overall Score of 61. Find out what this means to you and get the rest of the rankings on BAC!

What's Happening with BAC Stock Today

Bank of America Corp (BAC) stock is higher by 5.12% while the S&P 500 has gained 3.69% as of 1:46 PM on Thursday, Mar 26. BAC has gained $1.08 from the previous closing price of $21.10 on volume of 63,216,022 shares. Over the past year the S&P 500 is down -8.50% while BAC has fallen -17.94%. BAC earned $2.75 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.08.

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

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