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Bank of America (IT:1BAC)
MILAN:1BAC
Bank of America (1BAC) Stock Forecast & Price Target
1 Followers
See the Price Targets and Ratings of:
1BAC Analyst Ratings
Moderate Buy
9 Buy
5 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
1BAC Stock 12 Month Forecast
Average Price Target
€41.10
▲(3.50% Upside)
| Highest Price Target€47.74 | Average Price Target€41.10 | Lowest Price Target€35.80 |
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
Analyst Performance
Any
Analyst Rating
Any
Upside / Downside
Any
Action
Any
Phillip Securities
Downgraded
07/19/24
BMO Capital
Assigned
07/17/24
Barclays
Reiterated
07/17/24
Evercore ISI
Assigned
07/17/24
Morgan Stanley
Reiterated
07/17/24
Seaport Global
Reiterated
07/17/24
Wells Fargo
Reiterated
07/16/24
RBC Capital
Assigned
07/16/24
Piper Sandler
€33.97→€38.56
Hold
€38.56
(-2.90% Downside)
Upgraded
07/09/24
Bank of America upgraded to Neutral from Underweight at Piper SandlerBank of America upgraded to Neutral from Underweight at Piper Sandler
J.P. Morgan
€37.18→€39.02
Buy
€39.02
(-1.74% Downside)
Reiterated
07/08/24
Bank of America (BAC) Gets a Buy from J.P. Morgan
Jefferies
€35.8→€37.64
Hold
€37.64
(-5.21% Downside)
Reiterated
07/03/24
Jefferies Reaffirms Their Hold Rating on Bank of America (BAC)
Oppenheimer
€41.31→€42.23
Buy
€42.23
(6.35% Upside)
Reiterated
04/30/24
Bank of America (BAC) PT Raised to $46 at OppenheimerOppenheimer analyst Chris Kotowski raised the price target on Bank of America (NYSE: BAC) to $46.00 (from $45.00) while maintaining a Outperform rating.
Wolfe Research
€38.56
Buy
€38.56
(-2.90% Downside)
Upgraded
04/19/24
Buy Rating Affirmed: Anticipating Bank of America's Stock Turnaround Amid Positive Yield Trends
Best Analysts Covering Bank of America
Which Analyst Should I Follow If I Want to Buy IT:1BAC and Sell After:
1 Month
xxx
Success Rate
29/41 ratings generated profit
Average Return
+2.09%
assigned a xxx
rating 5 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 70.73% of your transactions generating a profit, with an average return of +2.09% per trade.
3 Months
xxx
Success Rate
27/36 ratings generated profit
Average Return
+6.14%
reiterated a xxx
rating 5 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 75.00% of your transactions generating a profit, with an average return of +6.14% per trade.
1 Year
2 Years
xxx
Success Rate
32/36 ratings generated profit
Average Return
+33.73%
reiterated a xxx
rating 5 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 88.89% of your transactions generating a profit, with an average return of +33.73% 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.
1BAC Analyst Recommendation Trends
Rating
Mar 24
Apr 24
May 24
Jun 24
Jul 24
Strong Buy
1
0
0
0
0
Buy
18
20
23
22
21
Hold
10
13
13
10
5
Sell
2
1
1
1
2
Strong Sell
0
0
0
0
0
total
31
34
37
33
28
Each month's total comprises the sum of three months' worth of ratings.
1BAC Financial Forecast
1BAC Stock Forecast FAQ
What is IT:1BAC’s average 12-month price target, according to analysts?
Based on analyst ratings, Bank of America’s 12-month average price target is €41.10.
What is IT:1BAC’s upside potential, based on the analysts’ average price target?
Bank of America has 3.50% 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 Moderate Buy, which is based on 9 buy ratings, 5 hold ratings and 1 sell ratings.
What is Bank of America’s share price target?
The average share price target for Bank of America is €41.10. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €47.74 ,and the lowest forecast is €35.80. The average share price target represents 3.50% Increase from the current price of €39.71.
The highest analyst share price target is €47.74 ,and the lowest forecast is €35.80. The average share price target represents 3.50% Increase from the current price of €39.71.
What do analysts say about Bank of America?
Bank of America’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 15 Wall Streets Analysts.
How can I buy shares of Bank of America?
To buy shares of IT:1BAC, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.