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Analysts Offer Insights on Financial Companies: Bank of America (BAC) and SITE Centers (SITC)

Analysts fell to the sidelines weighing in on Bank of America (BACResearch Report) and SITE Centers (SITCResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Bank of America (BAC)

Jefferies analyst Ken Usdin maintained a Hold rating on Bank of America on February 13 and set a price target of $50.00. The company’s shares closed last Wednesday at $47.91, close to its 52-week high of $50.11.

According to TipRanks.com, Usdin is a top 25 analyst with an average return of 24.9% and a 76.4% success rate. Usdin covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, People’s United Financial, and Texas Capital Bancshares.

Bank of America has an analyst consensus of Moderate Buy, with a price target consensus of $52.58.

See Insiders’ Hot Stocks on TipRanks >>

SITE Centers (SITC)

Mizuho Securities analyst Haendel St. Juste maintained a Hold rating on SITE Centers yesterday and set a price target of $16.00. The company’s shares closed last Wednesday at $15.51.

According to TipRanks.com, Juste is a 4-star analyst with an average return of 7.5% and a 59.8% success rate. Juste covers the Financial sector, focusing on stocks such as Essential Properties Realty, Phillips Edison & Company, and First Industrial Realty.

Currently, the analyst consensus on SITE Centers is a Hold with an average price target of $16.00.

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