The latest price target for Bank of America (NYSE:BAC) was reported by Wells Fargo on November 15, 2024. The analyst firm set a price target for $56.00 expecting BAC to rise to within 12 months (a possible 17.20% upside). 50 analyst firms have reported ratings in the last year.

The latest analyst rating for Bank of America (NYSE:BAC) was provided by Wells Fargo, and Bank of America maintained their overweight rating.

The last upgrade for Bank of America Corp happened on November 8, 2024 when Citigroup raised their price target to $54. Citigroup previously had a neutral for Bank of America Corp.

The last downgrade for Bank of America Corp happened on July 16, 2024 when CFRA changed their price target from N/A to $39 for Bank of America Corp.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bank of America, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bank of America was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.

While ratings are subjective and will change, the latest Bank of America (BAC) rating was a maintained with a price target of $52.00 to $56.00. The current price Bank of America (BAC) is trading at is $47.78, which is out of the analyst’s predicted range.