Bank of America (BAC)
NYSE:BAC

Bank of America (BAC) Stock Forecast & Price Target

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BAC Analyst Ratings

Moderate Buy
14Ratings
9 Buy
5 Hold
0 Sell
Based on 14 analysts giving stock ratings to
Bank
of America
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

BAC Stock 12 Months Forecast

Average Price Target

$40.23
▲(22.88% Upside)
Based on 14 Wall Street analysts offering 12 month price targets for Bank of America in the last 3 months. The average price target is $40.23 with a high forecast of $52.00 and a low forecast of $28.00. The average price target represents a 22.88% change from the last price of $32.74.
Highest Price Target$52.00Average Price Target$40.23Lowest Price Target$28.00
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 Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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UBS
$44.00
Buy
34.39%
Upside
Reiterated
Bank of America (BAC) PT Lowered to $44 at UBSUBS analyst Erika Najarian lowered the price target on Bank of America (NYSE: BAC) to $44.00 (from $45.00) while maintaining a Buy rating.
Goldman Sachs
$40.00
Buy
22.17%
Upside
Reiterated
Bank of America (BAC) Gets a Buy from Goldman Sachs
Societe Generale
$39.00
Buy
19.12%
Upside
Reiterated
Bank of America (BAC) PT Raised to $39 at Societe GeneraleSociete Generale analyst Andrew Lim raised the price target on Bank of America (NYSE: BAC) to $39.00 (from $37.50) while maintaining a Buy rating.
Deutsche Bank
$45.00
Buy
37.45%
Upside
Reiterated
Bank of America price target lowered to $45 from $51 at Deutsche BankBank of America price target lowered to $45 from $51 at Deutsche Bank
Robert W. Baird
$42.00
Hold
28.28%
Upside
Reiterated
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BAC Financial Forecast

BAC Earnings Forecast
Next quarter’s earnings estimate for BAC is $0.85 with a range of $0.78 to $0.96. The previous quarter’s EPS was $0.81. BAC beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.58% of the time in the same period. In the last calendar year BAC has Outperformed its overall industry.
Next quarter’s earnings estimate for BAC is $0.85 with a range of $0.78 to $0.96. The previous quarter’s EPS was $0.81. BAC beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.58% of the time in the same period. In the last calendar year BAC has Outperformed its overall industry.
BAC Sales Forecast
Next quarter’s sales forecast for BAC is $24.58B with a range of $23.87B to $25.90B. The previous quarter’s sales results were $29.73B. BAC beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 77.96% of the time in the same period. In the last calendar year BAC has Outperformed its overall industry.
Next quarter’s sales forecast for BAC is $24.58B with a range of $23.87B to $25.90B. The previous quarter’s sales results were $29.73B. BAC beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 77.96% of the time in the same period. In the last calendar year BAC has Outperformed its overall industry.
BAC Analyst Recommendation Trends
In the current month, BAC has received 1 Buy ratings 2 Hold ratings, and 0 Sell ratings. The BAC average analyst price target in the past 3 months is $40.23
In the current month, BAC has received 1 Buy ratings 2 Hold ratings, and 0 Sell ratings. The BAC average analyst price target in the past 3 months is $40.23

BAC Stock Forecast FAQ

What is BAC’s average 12-month price target, according to analysts?
Based on analyst ratings, Bank of America’s 12-month average price target is $40.23.
    What is BAC’s upside potential, based on the analysts’ average price target?
    Bank of America has 22.88% 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 BAC a Buy, Sell or Hold?
          Bank of America has a conensus rating of Moderate Buy which is based on 9 buy ratings, 5 hold ratings and 0 sell ratings.
            What is Bank of America’s price target?
            The average price target for Bank of America is $40.23. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $52.00 ,the lowest forecast is $28.00. The average price target represents 22.88% Increase from the current price of $32.74.
              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 14 Wall Streets Analysts.

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