Bank of America Corporation (BAC) is currently trading at $57.88 with a Wall Street consensus price target of $63.57, implying potential upside of 9.8% over the next 12 months. 22 analysts currently cover BAC, with a consensus rating of Buy — 91% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $71.0, while the most cautious has a target of $57.5.
BAC operates in the Financial Services sector with a market capitalisation of $411B. The stock is up 4.6% year-to-date and is currently trading near the upper end of its 52-week range of $44.75 – $59.2.
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