Education
About Us
Working with TipRanks
Follow Us
Bank of America (GB:0Q16)
LSE:0Q16
0Q16 Analyst Ratings
Strong Buy
15 Buy
3 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
0Q16 Stock 12 Month Forecast
Average Price Target
$50.97
▲(45.63% Upside)
| Highest Price Target$59.00 | Average Price Target$50.97 | Lowest Price Target$43.50 |
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
Detailed List of Analyst Forecasts
Truist Financial
Reiterated
04/08/25
Morgan Stanley
Upgraded
04/07/25
Oppenheimer
Reiterated
04/03/25
Barclays
Reiterated
04/03/25
Autonomous Research
Initiated
04/03/25
J.P. Morgan
Reiterated
04/02/25
Evercore ISI
Reiterated
04/01/25
RBC Capital
Reiterated
03/25/25
Citi
Reiterated
03/24/25
Robert W. Baird
Upgraded
03/07/25
Piper Sandler
$49
Hold
40.00%
Upside
Reiterated
03/07/25
Analysts Offer Insights on Financial Companies: Texas Capital Bancshares (NASDAQ: TCBI), Factset Research (NYSE: FDS) and Bank of America (NYSE: BAC)
Erste Group
―
Hold
―
Downgraded
03/07/25
Bank of America downgraded to Hold from Buy at Erste GroupBank of America downgraded to Hold from Buy at Erste Group
Phillip Securities
$50
Buy
42.86%
Upside
Reiterated
01/20/25
Positive Long-Term Outlook for Bank of America Despite FY24 PATMI MissWe expect FY25e growth drivers from 1) higher NII from fixed-asset repricing and loan growth recovery, 2) rise in investment banking and wealth management fees due to higher capital markets activity, and 3) a slower pace of expenses growth.
DBS
$52
Buy
48.57%
Upside
Reiterated
01/17/25
We continue to like Bank of America for its strong asset quality, as the industry continues to see higher charge-offs from credit cards through 2024.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Truist Financial
Reiterated
04/08/25
Morgan Stanley
Upgraded
04/07/25
Oppenheimer
Reiterated
04/03/25
Barclays
Reiterated
04/03/25
Autonomous Research
Initiated
04/03/25
J.P. Morgan
Reiterated
04/02/25
Evercore ISI
Reiterated
04/01/25
RBC Capital
Reiterated
03/25/25
Citi
Reiterated
03/24/25
Robert W. Baird
Upgraded
03/07/25
Piper Sandler
$49
Hold
40.00%
Upside
Reiterated
03/07/25
Analysts Offer Insights on Financial Companies: Texas Capital Bancshares (NASDAQ: TCBI), Factset Research (NYSE: FDS) and Bank of America (NYSE: BAC)
Erste Group
―
Hold
―
Downgraded
03/07/25
Bank of America downgraded to Hold from Buy at Erste GroupBank of America downgraded to Hold from Buy at Erste Group
Phillip Securities
$50
Buy
42.86%
Upside
Reiterated
01/20/25
Positive Long-Term Outlook for Bank of America Despite FY24 PATMI MissWe expect FY25e growth drivers from 1) higher NII from fixed-asset repricing and loan growth recovery, 2) rise in investment banking and wealth management fees due to higher capital markets activity, and 3) a slower pace of expenses growth.
DBS
$52
Buy
48.57%
Upside
Reiterated
01/17/25
We continue to like Bank of America for its strong asset quality, as the industry continues to see higher charge-offs from credit cards through 2024.
Best Analysts Covering Bank of America
Which Analyst Should I Follow If I Want to Buy GB:0Q16 and Sell After:
1 Month
xxx
Success Rate
13/19 ratings generated profit
Average Return
+3.02%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 68.42% of your transactions generating a profit, with an average return of +3.02% per trade.
3 Months
xxx
Success Rate
15/19 ratings generated profit
Average Return
+11.36%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 78.95% of your transactions generating a profit, with an average return of +11.36% per trade.
1 Year
2 Years
xxx
Success Rate
28/41 ratings generated profit
Average Return
+22.23%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 68.29% of your transactions generating a profit, with an average return of +22.23% 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.
0Q16 Analyst Recommendation Trends
Rating
Dec 24
Jan 25
Feb 25
Mar 25
Apr 25
Strong Buy
0
0
0
0
1
Buy
37
38
37
33
16
Hold
5
6
8
8
7
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
42
44
45
41
24
Each month's total comprises the sum of three months' worth of ratings.
0Q16 Financial Forecast
0Q16 Stock Forecast FAQ
What is GB:0Q16’s average 12-month price target, according to analysts?
Based on analyst ratings, Bank of America’s 12-month average price target is $50.97.
What is GB:0Q16’s upside potential, based on the analysts’ average price target?
Bank of America has 45.63% 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 Bank of America a Buy, Sell or Hold?
Bank of America has a consensus rating of Strong Buy, which is based on 15 buy ratings, 3 hold ratings and 0 sell ratings.
What is Bank of America’s share price target?
The average share price target for Bank of America is $50.97. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is $59.00 ,and the lowest forecast is $43.50. The average share price target represents 45.63% Increase from the current price of $35.
The highest analyst share price target is $59.00 ,and the lowest forecast is $43.50. The average share price target represents 45.63% Increase from the current price of $35.
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 18 Wall Streets Analysts.
How can I buy shares of Bank of America?
To buy shares of GB:0Q16, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.