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Bank of America (BAC)
NYSE:BAC
Holding BAC?
Track your performance easily
See the Price Targets and Ratings of:
BAC Analyst Ratings
Strong Buy
14 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BAC Stock 12 Month Forecast
Average Price Target
$48.00
▲(6.36% Upside)
| Highest Price Target$56.00 | Average Price Target$48.00 | Lowest Price Target$41.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Wells Fargo
Reiterated
11/07/24
Oppenheimer
Reiterated
11/05/24
J.P. Morgan
Reiterated
10/30/24
Seaport Global
Reiterated
10/17/24
Phillip Securities
Upgraded
10/17/24
Barclays
Reiterated
10/16/24
Evercore ISI
Reiterated
10/16/24
Morgan Stanley
$47→$48
Buy
6.36%
Upside
Reiterated
10/16/24
Betsy Graseck Recommends 'Buy' for Bank of America: Positive Earnings Outlook and Revenue Trends Drive Increased Price Target
RBC Capital
$46
Buy
1.93%
Upside
Reiterated
10/15/24
Bank of America (BAC) Receives a Buy from RBC Capital
Goldman Sachs
―
Buy
―
Reiterated
10/15/24
Buy Rating for Bank of America Backed by Strong Financial Performance and Growth Prospects
Wolfe Research
$49→$46
Buy
1.93%
Upside
Reiterated
10/08/24
Bank of America (BAC) PT Lowered to $46 at Wolfe ResearchWolfe Research analyst Steven Chubak lowered the price target on Bank of America (NYSE: BAC) to $46.00 (from $49.00) while maintaining a Outperform rating.
Deutsche Bank
$45
Buy
-0.29%
Downside
Upgraded
09/03/24
Bank of America upgraded to Buy from Hold at Deutsche BankBank of America upgraded to Buy from Hold at Deutsche Bank
Best Analysts Covering Bank of America
Which Analyst Should I Follow If I Want to Buy BAC and Sell After:
1 Month
xxx
Success Rate
27/38 ratings generated profit
Average Return
+2.23%
reiterated a xxx
rating 26 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 71.05% of your transactions generating a profit, with an average return of +2.23% per trade.
3 Months
xxx
Success Rate
29/39 ratings generated profit
Average Return
+5.43%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 74.36% of your transactions generating a profit, with an average return of +5.43% per trade.
1 Year
Success Rate
16/20 ratings generated profit
Average Return
+20.17%
reiterated a buy rating 25 days ago
Copying Jason Goldberg's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +20.17% per trade.
2 Years
xxx
Success Rate
34/38 ratings generated profit
Average Return
+34.72%
reiterated a xxx
rating 3 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 89.47% of your transactions generating a profit, with an average return of +34.72% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BAC Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
0
0
0
0
0
Buy
26
23
27
32
33
Hold
10
11
12
5
3
Sell
2
2
1
0
0
Strong Sell
0
0
0
0
0
total
38
36
40
37
36
Each month's total comprises the sum of three months' worth of ratings.
BAC Financial Forecast
BAC Stock Forecast FAQ
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 $48.00.
What is BAC’s upside potential, based on the analysts’ average price target?
Bank of America has 6.36% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks 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 top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is BAC a Buy, Sell or Hold?
Bank of America has a consensus rating of Strong Buy which is based on 14 buy ratings, 2 hold ratings and 0 sell ratings.
What is Bank of America’s price target?
The average price target for Bank of America is $48.00. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $56.00 ,the lowest forecast is $41.00. The average price target represents 6.36% Increase from the current price of $45.13.
The highest analyst price target is $56.00 ,the lowest forecast is $41.00. The average price target represents 6.36% Increase from the current price of $45.13.
What do analysts say about Bank of America?
Bank of America’s analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.
How can I buy shares of BAC?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.