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FAQs
Bank of America (BAC) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
BAC Stock 12 Month Forecast
What is the forecast for BAC stock? ›Based on short-term price targets offered by 22 analysts, the average price target for Bank of America comes to $38.96. The forecasts range from a low of $33.00 to a high of $46.00. The average price target represents an increase of 0.85% from the last closing price of $38.63.
What is the future forecast for Bank of America stock? ›Stock Price Forecast
The 17 analysts with 12-month price forecasts for Bank of America stock have an average target of 39.02, with a low estimate of 33 and a high estimate of 46. The average target predicts a decrease of -2.35% from the current stock price of 39.96. * Price targets were last updated on May 1, 2024.
Is Bank of America stock a Buy, Sell or Hold? Bank of America stock has received a consensus rating of buy. The average rating score is A1 and is based on 50 buy ratings, 23 hold ratings, and 7 sell ratings.
What is the stock price forecast for Bank of America in 2024? ›Bank of America Stock Price Forecast 2024-2025
The forecasted Bank of America price at the end of 2024 is $41.80 - and the year to year change +24%. The rise from today to year-end: +12%. In the middle of 2024, we expect to see $37.38.
Over the past three years, Bank of America Corp's annual dividend growth rate was 8.50%. Extended to a five-year horizon, this rate increased to 10.60% per year. And over the past decade, Bank of America Corp's annual dividends per share growth rate stands at an impressive 31.70%.
Is BAC undervalued? ›The intrinsic value of one BAC stock under the Base Case scenario is 50.5 USD. Compared to the current market price of 39.96 USD, Bank of America Corp is Undervalued by 21%.
Is Bank of America a good long term investment? ›Bank of America has a long history of prudent capital management, riding out challenging times across economic cycles and growing during periods of growth. Today, the stock is reasonably priced, at 13.3 times earnings and 1.5 times tangible book value, putting the current valuation right around its 10-year average.
Who holds the most Bank of America stock? ›Berkshire Hathaway (BRK. A -0.03%)(BRK. B 0.05%): Warren Buffett's Berkshire Hathaway is the largest Bank of America shareholder, with 1.03 billion shares amounting to a 13% stake. As of March 2024, it was the second-largest of Warren Buffett's stock holdings after Apple (AAPL 0.16%), worth almost $37 billion.
What stocks are a strong buy right now? ›| Company (ticker) | Analysts' consensus recommendation score | Analysts' consensus recommendation |
|---|---|---|
| Howmet Aerospace (HWM) | 1.43 | Strong Buy |
| Elevance Health (ELV) | 1.43 | Strong Buy |
| Mondelez International (MDLZ) | 1.44 | Strong Buy |
| UnitedHealth Group (UNH) | 1.44 | Strong Buy |
Who owns the most BAC stock? ›
Bank of America stock (symbol: BAC) underwent a total of 3 stock splits. The most recent stock split occured on August 30th, 2004. One BAC share bought prior to November 21st, 1986 would equal to 8 BAC shares today.
What month does BAC pay dividends? ›Bank of America Corporation ( BAC ) pays dividends on a quarterly basis. The next dividend payment is planned on June 28, 2024 . Bank of America Corporation ( BAC ) has increased its dividends for 11 consecutive years.
What is the future forecast for BAC stock? ›BAC Stock 12 Month Forecast
Based on 24 Wall Street analysts offering 12 month price targets for Bank of America in the last 3 months. The average price target is $39.71 with a high forecast of $46.00 and a low forecast of $33.00. The average price target represents a -0.70% change from the last price of $39.99.
Bank of America was ordered to pay millions of dollars after regulators learned it had opened fake accounts, double charged customers and withheld credit card rewards.
What are the best stocks to invest in 2024? ›| Company and ticker symbol | Performance in 2024 |
|---|---|
| Nvidia (NVDA) | 121.4% |
| Constellation Energy (CEG) | 86.0% |
| Deckers Outdoor (DECK) | 63.7% |
| General Electric (GE) | 61.9% |
| Holder | # of Shares | Type |
|---|---|---|
| Berkshire Hathaway Inc. | 1,032,852,006 | Insider |
| Warren Buffett | 1,032,852,006 | Institution |
| Vanguard | 562,319,878 | Institution |
| Vanguard Index Funds | 446,967,129 | Institution |
As of 2024-06-04, the Fair Value of Bank of America Corp (BAC) is 16 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 39.88 USD, the upside of Bank of America Corp is -59.9%.
What is the dividend growth for BAC? ›Bank of America (Bank of America) 5-Year Dividend Growth Rate : 10.60% (As of Mar. 2024)