Bank of America Price Target, Predictions & Analyst Ratings

-1.02 (-2.56 %)
(As of 06/18/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume102.77 million shs
Average Volume51.18 million shs
Market Capitalization$332.32 billion
P/E Ratio16.64
Dividend Yield1.81%

Bank of America (NYSE:BAC) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
22 Wall Street analysts have issued ratings and price targets for Bank of America in the last 12 months. Their average twelve-month price target is $38.57, predicting that the stock has a possible downside of 0.55%. The high price target for BAC is $46.00 and the low price target for BAC is $25.00. There are currently 2 sell ratings, 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus rating of "Buy." Bank of America also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at this link.
TypeToday30 Days Ago90 Days Ago180 Days Ago
BAC Consensus Rating: BuyBuyBuyHold
BAC Consensus Rating Score: 2.552.502.572.48
BAC Analyst Ratings: 2 Sell Rating(s)
6 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
6 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
6 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
7 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
BAC Consensus Price Target: $38.57$37.84$33.39$29.79
BAC Price Target Upside: 0.55% downside9.79% upside13.57% upside19.59% upside

Bank of America (NYSE:BAC) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Bank of America (NYSE:BAC) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/15/2021Credit Suisse GroupBoost Price TargetOutperform$44.00 ➝ $46.00Low
6/2/2021Truist SecuritiesInitiated CoverageBuyLow
5/10/2021Robert W. BairdReiterated RatingOutperform ➝ Neutral$42.00N/A
5/3/2021JPMorgan Chase & Co.Boost Price TargetOverweight$40.50 ➝ $43.50Medium
4/16/2021Royal Bank of CanadaBoost Price TargetOutperform$37.00 ➝ $44.00Low
4/9/2021Jefferies Financial GroupBoost Price TargetHold$33.00 ➝ $41.00Low
4/7/2021BarclaysBoost Price TargetOverweight$40.00 ➝ $45.00Low
4/1/2021Deutsche Bank AktiengesellschaftBoost Price TargetPositive ➝ Buy$35.00 ➝ $44.00Medium
3/1/2021Morgan StanleyBoost Price TargetUnderweight$36.00 ➝ $38.00Low
1/26/2021Atlantic SecuritiesUpgradeNeutral ➝ Overweight$40.00Low
1/19/2021UBS GroupSet Price TargetNeutral$30.00Low
1/11/2021Smith Barney CitigroupUpgradeNeutral ➝ BuyLow
1/11/2021Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellUpgradeNeutral ➝ Buy$31.00 ➝ $37.00Medium
1/11/2021Piper SandlerBoost Price TargetOverweight$28.00 ➝ $36.00Medium
1/6/2021Daiwa Capital MarketsInitiated CoverageNeutral$31.00N/A
1/5/2021Wolfe ResearchUpgradePeer Perform ➝ Outperform$27.00 ➝ $36.00N/A
9/8/2020OppenheimerReiterated RatingBuyHigh
7/10/2020Wells Fargo & CompanyDowngradeSellLow
7/9/2020DA DavidsonDowngradeBuy ➝ Neutral$27.00 ➝ $25.00Medium
7/8/2020Seaport Global SecuritiesInitiated CoverageNeutralLow
7/7/2020Societe GeneraleUpgradeHold ➝ BuyLow
4/16/2020BMO Capital MarketsLower Price TargetMarket Perform$26.00 ➝ $24.00High
4/15/2020CfraLower Price TargetBuy$32.00 ➝ $28.00Low
4/2/2020The Goldman Sachs GroupUpgradeNeutral ➝ BuyMedium
1/15/2020ArgusReiterated RatingBuy$35.00 ➝ $39.00Low
10/28/2019Odeon Capital GroupUpgradeHold ➝ BuyLow
9/5/2019Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$36.00 ➝ $29.00Medium
8/29/2019Raymond JamesDowngradeOutperform ➝ Market PerformLow
8/16/2019DZ BankUpgradeSell ➝ HoldLow
6/17/2019Berenberg BankSet Price TargetHold$30.00Low
4/4/2019HSBCInitiated CoverageHold ➝ Hold$29.00Low
1/9/2019Edward JonesUpgradeHold ➝ BuyLow
1/7/2019MacquarieDowngradeOutperform ➝ NeutralLow
(Data available from 6/20/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 6/20/2021 by MarketBeat.com Staff
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