Within the last quarter, Bank of America BAC The following analyst ratings have been observed:
|Bullish||Somewhat bullish||apathetic||Somewhat dull||dull|
In the last 3 months, 11 analysts have offered 12-month price targets for Bank of America. The company has an average price target of $40.68, a high of $51.00 and a low of $33.00.
Below is a summary of how these 11 analysts rated Bank of America over the past 3 months. The higher the number of bullish ratings, the more positive analysts have on the stock and the higher the number of bearish ratings, the more negative analysts have on the stock.
This current average is down 7.84% from the previous average price target of $44.14.
Stay up-to-date on Bank of America analyst ratings.
Ratings come from analysts, or experts within banking and financial systems who report for specific stocks or defined sectors (usually once per quarter for each stock). Analysts typically get their information to reach their decisions from company conference calls and meetings, financial statements, and conversations with key insiders.
Some analysts publish their forecasts for metrics such as growth estimates, earnings and revenue to provide additional guidance with their valuations. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only providing their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings including Analyst Success Scores. Benzinga Pro.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.