$38.21
-0.16[-0.42%]
At close: Apr 24
$38.21
0[0.00%]
PreMarket: 4:42AM EDT
Bank of America
(NYSE:BAC)Bank of America Stock (NYSE:BAC), Analyst Ratings, Price Targets, Predictions
Bank of America Corp has a consensus price target of $36.98, established from looking at the 99 latest analyst ratings. The last 3 analyst ratings were released from Wolfe Research, BMO Capital, and Oppenheimer on April 19, 2024, April 18, 2024, and April 17, 2024. With an average price target of $41.33 between Wolfe Research, BMO Capital, and Oppenheimer, there's an implied 8.17% upside for Bank of America Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wolfe Research
BMO Capital
Oppenheimer
Jefferies
Keefe, Bruyette & Woods
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Bank of America
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/19/2024 | BAC | Buy Now | Bank of America | $38.21 | 9.92% | Wolfe Research | Steven Chubak | → $42 | Upgrade | Peer Perform → Outperform | Get Alert |
| 04/18/2024 | BAC | Buy Now | Bank of America | $38.21 | -3.17% | BMO Capital | James Fotheringham | $36 → $37 | Maintains | Market Perform | Get Alert |
| 04/17/2024 | BAC | Buy Now | Bank of America | $38.21 | 17.77% | Oppenheimer | Chris Kotowski | $46 → $45 | Maintains | Outperform | Get Alert |
| 04/08/2024 | BAC | Buy Now | Bank of America | $38.21 | 2.07% | Jefferies | Ken Usdin | $36 → $39 | Maintains | Hold | Get Alert |
| 04/05/2024 | BAC | Buy Now | Bank of America | $38.21 | -3.17% | Keefe, Bruyette & Woods | David Konrad | $33 → $37 | Maintains | Market Perform | Get Alert |
| 04/04/2024 | BAC | Buy Now | Bank of America | $38.21 | 7.3% | Evercore ISI Group | Glenn Schorr | $37 → $41 | Maintains | Outperform | Get Alert |
| 04/04/2024 | BAC | Buy Now | Bank of America | $38.21 | 4.68% | UBS | Erika Najarian | $39 → $40 | Downgrade | Buy → Neutral | Get Alert |
| 04/03/2024 | BAC | Buy Now | Bank of America | $38.21 | — | Erste Group | Hans Engel | — | Upgrade | Hold → Buy | Get Alert |
| 03/28/2024 | BAC | Buy Now | Bank of America | $38.21 | 15.15% | Wells Fargo | Whit Mayo | $40 → $44 | Maintains | Overweight | Get Alert |
| 03/28/2024 | BAC | Buy Now | Bank of America | $38.21 | 2.07% | HSBC | Saul Martinez | $38 → $39 | Downgrade | Buy → Hold | Get Alert |
| 03/20/2024 | BAC | Buy Now | Bank of America | $38.21 | 2.07% | Citigroup | Keith Horowitz | $37 → $39 | Maintains | Neutral | Get Alert |
| 03/19/2024 | BAC | Buy Now | Bank of America | $38.21 | 20.39% | Oppenheimer | Chris Kotowski | $50 → $46 | Maintains | Outperform | Get Alert |
| 03/08/2024 | BAC | Buy Now | Bank of America | $38.21 | -13.64% | Piper Sandler | Scott Siefers | $31 → $33 | Maintains | Underweight | Get Alert |
| 01/30/2024 | BAC | Buy Now | Bank of America | $38.21 | 30.86% | Oppenheimer | Chris Kotowski | $49 → $50 | Maintains | Outperform | Get Alert |
| 01/30/2024 | BAC | Buy Now | Bank of America | $38.21 | 7.3% | Morgan Stanley | Betsy Graseck | $32 → $41 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 01/16/2024 | BAC | Buy Now | Bank of America | $38.21 | -11.28% | Odeon Capital | Dick Bove | → $33.9 | Downgrade | Buy → Hold | Get Alert |
| 01/16/2024 | BAC | Buy Now | Bank of America | $38.21 | 28.24% | Oppenheimer | Chris Kotowski | $50 → $49 | Maintains | Outperform | Get Alert |
| 01/16/2024 | BAC | Buy Now | Bank of America | $38.21 | -5.78% | BMO Capital | James Fotheringham | $37 → $36 | Maintains | Market Perform | Get Alert |
| 01/02/2024 | BAC | Buy Now | Bank of America | $38.21 | 12.54% | Barclays | Jason Goldberg | $39 → $43 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Bank of America (BAC)?
The latest price target for Bank of America (NYSE: BAC) was reported by Wolfe Research on April 19, 2024. The analyst firm set a price target for $42.00 expecting BAC to rise to within 12 months (a possible 9.92% upside). 39 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Bank of America (BAC)?
The latest analyst rating for Bank of America (NYSE: BAC) was provided by Wolfe Research, and Bank of America upgraded their outperform rating.
When was the last upgrade for Bank of America (BAC)?
The last upgrade for Bank of America Corp happened on April 19, 2024 when Wolfe Research raised their price target to $42. Wolfe Research previously had a peer perform for Bank of America Corp.
When was the last downgrade for Bank of America (BAC)?
The last downgrade for Bank of America Corp happened on April 4, 2024 when UBS changed their price target from $39 to $40 for Bank of America Corp.
When is the next analyst rating going to be posted or updated for Bank of America (BAC)?
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 April 19, 2024 so you should expect the next rating to be made available sometime around April 19, 2025.
Is the Analyst Rating Bank of America (BAC) correct?
While ratings are subjective and will change, the latest Bank of America (BAC) rating was a upgraded with a price target of $0.00 to $42.00. The current price Bank of America (BAC) is trading at is $38.21, which is within the analyst’s predicted range.
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