×
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NYSE:BAC

Bank of America Price Target, Predictions & Analyst Ratings

$32.31
+0.23 (+0.72%)
(As of 06/24/2022 06:40 PM ET)
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Today's Range
$31.23
$32.77
50-Day Range
$31.46
$39.66
52-Week Range
$30.86
$50.11
Volume
79.50 million shs
Average Volume
53.64 million shs
Market Capitalization
$260.32 billion
P/E Ratio
9.23
Dividend Yield
2.60%
Price Target
$49.99

Bank of America (NYSE:BAC) Price Target and Consensus Rating (2022)

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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 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.

Consensus Analyst Rating

Moderate Buy
Based on 19 Analyst Ratings

Consensus Analyst Price Target

$49.88
54.38% Upside
High Price Target$64.00
Average Price Target$49.88
Low Price Target$42.00
TypeCurrent
6/27/21 to 6/27/22
1 Month Ago
5/28/21 to 5/28/22
3 Months Ago
3/29/21 to 3/29/22
1 Year Ago
6/27/20 to 6/27/21
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
12 Buy rating(s)
13 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$49.88$50.38$50.23$38.68
Predicted Upside54.38% Upside17.95% Upside15.30% Upside9.15% Upside
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BAC Stock Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BAC Stock 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Bank of America Stock vs. The Competition

TypeBank of AmericaFinance CompaniesS&P 500
Consensus Rating Score
2.63
2.51
2.52
Consensus RatingModerate BuyBuyBuy
Predicted Upside54.73% Upside68.42% Upside29.94% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
1828
67.26%
Underperform Votes
890
32.74%
Avg. Outperform Votes
158
62.70%
Avg. Underperform Votes
94
37.30%
Avg. Outperform Votes
839
69.11%
Avg. Underperform Votes
375
30.89%

Historical Bank of America Price Targets and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/27/2022Credit Suisse Group
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 Lower TargetOutperform$46.00 ➝ $45.00+39.28%
6/24/2022Morgan Stanley
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Betsy Graseck
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Lower TargetEqual Weight$49.00 ➝ $47.00+46.51%
6/14/2022Royal Bank of Canada
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 Lower Target$51.00 ➝ $45.00+40.36%
5/3/2022Oppenheimer
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 Lower Target$52.00 ➝ $50.00+38.35%
4/20/2022The Goldman Sachs Group
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did trim
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Lower TargetBuy ➝ Buy$52.00 ➝ $51.00+28.43%
4/19/2022BMO Capital Markets
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 Lower TargetMarket Perform$48.00 ➝ $46.00+18.40%
4/5/2022Piper Sandler
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 Lower TargetOverweight$57.00 ➝ $51.00+24.91%
3/8/2022Robert W. Baird
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 UpgradeUnderperform ➝ Neutral$42.00+9.55%
2/3/2022JPMorgan Chase & Co.
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 Boost Target$52.50 ➝ $53.50+14.98%
1/20/2022Argus
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 Boost Target$50.00 ➝ $55.00+18.43%
1/5/2022Societe Generale
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 DowngradeBuy ➝ Hold
1/3/2022Barclays
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 Boost TargetOverweight$49.00 ➝ $58.00+25.41%
12/17/2021Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuy
12/10/2021UBS Group
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 Initiated CoverageBuy$64.00+43.69%
10/25/2021Wells Fargo
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 Reiterated RatingOverweight$55.00 ➝ $60.00+26.13%
10/15/2021Evercore ISI
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Glenn Schorr
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Boost TargetOutperform$43.00 ➝ $48.00+5.17%
10/13/2021Wolfe Research
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Steven Chubak
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DowngradeOutperform ➝ Market Perform$44.00+2.40%
10/11/2021Jefferies Financial Group
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 Boost TargetHold$41.00 ➝ $48.00+7.55%
9/13/2021Odeon Capital Group
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 UpgradeHold ➝ Buy$46.50+15.47%
7/7/2021Keefe, Bruyette & Woods
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 Initiated CoverageMarket Perform$40.00 ➝ $43.87+10.75%
6/2/2021Truist Financial
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Gregg Gilbert
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Initiated CoverageBuy
1/26/2021Atlantic Securities
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 UpgradeNeutral ➝ Overweight$40.00+28.37%
1/11/2021Smith Barney Citigroup
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 UpgradeNeutral ➝ Buy
1/6/2021Daiwa Capital Markets
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 Initiated CoverageNeutral$31.00+2.45%
7/9/2020DA Davidson
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D. Konrad
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DowngradeBuy ➝ Neutral$27.00 ➝ $25.00+8.23%
4/15/2020Cfra
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 Lower TargetBuy$32.00 ➝ $28.00+26.01%
3/27/2020Citigroup
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 Lower TargetHold$30.00 ➝ $27.00+18.84%
8/29/2019Raymond James
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 DowngradeOutperform ➝ Market Perform
8/16/2019DZ Bank
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 UpgradeSell ➝ Hold
(Data available from 6/27/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)












Bank of America Price Target - Frequently Asked Questions

What is Bank of America's consensus rating and price target?

According to the issued ratings of 19 analysts in the last year, the consensus rating for Bank of America stock is Moderate Buy based on the current 7 hold ratings and 12 buy ratings for BAC. The average twelve-month price prediction for Bank of America is $49.99 with a high price target of $64.00 and a low price target of $42.00. Learn more on BAC's analyst rating history.

Do Wall Street analysts like Bank of America more than its competitors?

Analysts like Bank of America stock more than the stock of other Finance companies. The consensus rating for Bank of America is Moderate Buy while the average consensus rating for finance companies is Buy. Learn more on how BAC compares to other companies.

Do MarketBeat users like Bank of America more than its competitors?

MarketBeat users like Bank of America stock more than the stock of other Finance companies. 67.26% of MarketBeat users gave Bank of America an outperform vote while finance companies recieve an average of 62.65% outperform votes by MarketBeat users.

Does Bank of America's stock price have much upside?

According to analysts, Bank of America's stock has a predicted upside of 19.95% based on their 12-month price targets.

What analysts cover Bank of America?

Bank of America has been rated by BMO Capital Markets, Morgan Stanley, Oppenheimer, Piper Sandler, Royal Bank of Canada, and The Goldman Sachs Group in the past 90 days.

Does Bank of America rate other companies?

Bank of America also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.

This page (NYSE:BAC) was last updated on 6/27/2022 by MarketBeat.com Staff

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