$39.28
0.37[0.95%]
At close: May 16
$39.28
0[0.00%]
After Hours: 7:59PM EDT
Bank of America
(NYSE:BAC)Bank of America Stock (NYSE:BAC), Analyst Ratings, Price Targets, Predictions
Bank of America Corp has a consensus price target of $37.27, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Oppenheimer, and Wolfe Research on May 1, 2024, April 30, 2024, and April 19, 2024. With an average price target of $42.83 between JP Morgan, Oppenheimer, and Wolfe Research, there's an implied 9.05% upside for Bank of America Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Oppenheimer
Wolfe Research
BMO Capital
Jefferies
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Bank of America
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/01/2024 | Buy Now | 3.11% | JP Morgan | Vivek Juneja | $39.5 → $40.5 | Maintains | Overweight | Get Alert |
| 04/30/2024 | Buy Now | 17.11% | Oppenheimer | Chris Kotowski | $45 → $46 | Maintains | Outperform | Get Alert |
| 04/19/2024 | Buy Now | 6.92% | Wolfe Research | Steven Chubak | → $42 | Upgrade | Peer Perform → Outperform | Get Alert |
| 04/18/2024 | Buy Now | -5.8% | BMO Capital | James Fotheringham | $36 → $37 | Maintains | Market Perform | Get Alert |
| 04/17/2024 | Buy Now | 14.56% | Oppenheimer | Chris Kotowski | $46 → $45 | Maintains | Outperform | Get Alert |
| 04/08/2024 | Buy Now | -0.71% | Jefferies | Ken Usdin | $36 → $39 | Maintains | Hold | Get Alert |
| 04/05/2024 | Buy Now | -5.8% | Keefe, Bruyette & Woods | David Konrad | $33 → $37 | Maintains | Market Perform | Get Alert |
| 04/04/2024 | Buy Now | 4.38% | Evercore ISI Group | Glenn Schorr | $37 → $41 | Maintains | Outperform | Get Alert |
| 04/04/2024 | Buy Now | 1.83% | UBS | Erika Najarian | $39 → $40 | Downgrade | Buy → Neutral | Get Alert |
| 04/03/2024 | Buy Now | — | Erste Group | Hans Engel | — | Upgrade | Hold → Buy | Get Alert |
| 03/28/2024 | Buy Now | 12.02% | Wells Fargo | Whit Mayo | $40 → $44 | Maintains | Overweight | Get Alert |
| 03/28/2024 | Buy Now | -0.71% | HSBC | Saul Martinez | $38 → $39 | Downgrade | Buy → Hold | Get Alert |
| 03/20/2024 | Buy Now | -0.71% | Citigroup | Keith Horowitz | $37 → $39 | Maintains | Neutral | Get Alert |
| 03/19/2024 | Buy Now | 17.11% | Oppenheimer | Chris Kotowski | $50 → $46 | Maintains | Outperform | Get Alert |
| 03/08/2024 | Buy Now | -15.99% | Piper Sandler | Scott Siefers | $31 → $33 | Maintains | Underweight | Get Alert |
| 01/30/2024 | Buy Now | 27.29% | Oppenheimer | Chris Kotowski | $49 → $50 | Maintains | Outperform | Get Alert |
| 01/30/2024 | Buy Now | 4.38% | Morgan Stanley | Betsy Graseck | $32 → $41 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 01/16/2024 | Buy Now | -13.7% | Odeon Capital | Dick Bove | → $33.9 | Downgrade | Buy → Hold | Get Alert |
| 01/16/2024 | Buy Now | 24.75% | Oppenheimer | Chris Kotowski | $50 → $49 | Maintains | Outperform | Get Alert |
| 01/16/2024 | Buy Now | -8.35% | BMO Capital | James Fotheringham | $37 → $36 | Maintains | Market Perform | Get Alert |
| 01/02/2024 | Buy Now | 9.47% | Barclays | Jason Goldberg | $39 → $43 | Maintains | Overweight | Get Alert |
| 12/14/2023 | Buy Now | -3.41% | Odeon Capital | Dick Bove | → $37.94 | Upgrade | Hold → Buy | Get Alert |
| 12/01/2023 | Buy Now | -15.99% | Goldman Sachs | Richard Ramsden | $30 → $33 | Maintains | Buy | Get Alert |
| 11/16/2023 | Buy Now | 29.84% | Oppenheimer | Chris Kotowski | $49 → $51 | Maintains | Outperform | Get Alert |
| 11/06/2023 | Buy Now | -23.63% | Keefe, Bruyette & Woods | David Konrad | $29 → $30 | Upgrade | Underperform → Market Perform | Get Alert |
| 10/18/2023 | Buy Now | 24.75% | Oppenheimer | Chris Kotowski | $48 → $49 | Maintains | Outperform | Get Alert |
| 10/18/2023 | Buy Now | 1.83% | BMO Capital | James Fotheringham | $39 → $40 | Maintains | Market Perform | Get Alert |
| 10/03/2023 | Buy Now | -18.53% | Morgan Stanley | Betsy Graseck | $34 → $32 | Maintains | Equal-Weight | Get Alert |
| 09/26/2023 | Buy Now | 22.2% | Oppenheimer | Chris Kotowski | $49 → $48 | Maintains | Outperform | Get Alert |
| 09/15/2023 | Buy Now | -29.99% | Piper Sandler | Scott Siefers | $28 → $27.5 | Maintains | Underweight | Get Alert |
FAQ
What is the target price for Bank of America (BAC)?
The latest price target for Bank of America (NYSE: BAC) was reported by JP Morgan on May 1, 2024. The analyst firm set a price target for $40.50 expecting BAC to rise to within 12 months (a possible 3.11% upside). 40 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Bank of America (BAC)?
The latest analyst rating for Bank of America (NYSE: BAC) was provided by JP Morgan, and Bank of America maintained their overweight rating.
When was the last upgrade for Bank of America (BAC)?
The last upgrade for Bank of America Corp happened on April 19, 2024 when Wolfe Research raised their price target to $42. Wolfe Research previously had a peer perform for Bank of America Corp.
When was the last downgrade for Bank of America (BAC)?
The last downgrade for Bank of America Corp happened on April 4, 2024 when UBS changed their price target from $39 to $40 for Bank of America Corp.
When is the next analyst rating going to be posted or updated for Bank of America (BAC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bank of America, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bank of America was filed on May 1, 2024 so you should expect the next rating to be made available sometime around May 1, 2025.
Is the Analyst Rating Bank of America (BAC) correct?
While ratings are subjective and will change, the latest Bank of America (BAC) rating was a maintained with a price target of $39.50 to $40.50. The current price Bank of America (BAC) is trading at is $39.28, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.