B of A Stock Target Price and Analyst Consensus

BAC -  USA Stock  

USD 47.57  0.74  1.58%

The current analyst and expert consensus on B of A is Buy with 4 hold recommendations. The current projected B of A target price consensus is 44.08 with 13 analyst opinions. One of the most common ways Bank Of America analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to B of A vendors, executives, and/or customers. B of A recommendation module provides expert sentiment on the projected Bank Of America target price to derive its highest and lowest estimates based on target price standard deviation of 4.991. Continue to Macroaxis Advice on B of A to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

B of A Analyst Recommendations 

 
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As of October 24, 2021, Gross Profit is expected to decline to about 82.7 B. In addition to that, Profit Margin is expected to decline to 0.18. B of A Long Term Debt is projected to decrease significantly based on the last few years of reporting. The past year's Long Term Debt was at 262.33 Billion. The current year Shareholders Equity is expected to grow to about 289.1 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to (1.8 B).

B of A Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. B of A target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. B of A target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions14
Lowered Outlook0
Raized Outlook0
Buy
Most B of A analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand B of A stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bank Of America, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

B of A Target Price Projection

B of A's current and average target prices are 47.57 and 44.08, respectively. The current price of B of A is the price at which Bank Of America is currently trading. On the other hand, B of A's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

B of A Market Quote on 24th of October 2021

Low Price46.99Odds
High Price47.62Odds

47.57

Target Price

Analyst Consensus On B of A Target Price

Low Estimate36.0Odds
High Estimate51.0Odds
Number of Analysts13
Standard Deviation4.991

44.076

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Bank Of America and the information provided on this page.

B of A Analyst Ratings

B of A's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about B of A stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of B of A's financials, market performance, and future outlook by experienced professionals. B of A's historical ratings below, therefore, can serve as a valuable tool for investors.

Average Consensus Estimates

About B of A Target Price Projections

B of A's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Bank Of America and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of B of A depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Bank Of America
 2019 2020 2021 (projected)
Cash and Equivalents Turnover0.670.340.36
PPandE Turnover11.18.678.6

Additional B of A Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of B of A is a key component of B of A valuation and have some predictive power on the future returns of a B of A.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of B of A's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of B of A in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
46.1047.5649.02
Details
Intrinsic
Valuation
LowReal ValueHigh
47.2348.6950.15
Details
Earnings
Estimates (7)
LowProjected EPSHigh
3.303.343.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as B of A. Your research has to be compared to or analyzed against B of A's peers to derive any actionable benefits. When done correctly, B of A's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bank Of America.

Currently Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested over 100 shares
Continue to Macroaxis Advice on B of A to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Bank Of America information on this page should be used as a complementary analysis to other B of A's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Bank Of America price analysis, check to measure B of A's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy B of A is operating at the current time. Most of B of A's value examination focuses on studying past and present price action to predict the probability of B of A's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move B of A's price. Additionally, you may evaluate how the addition of B of A to your portfolios can decrease your overall portfolio volatility.
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The data published in B of A's official financial statements usually reflect B of A's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Bank Of America. For example, before you start analyzing numbers published by B of A accountants, it's critical to develop an understanding of what B of A's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of B of A's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, B of A's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in B of A's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Bank Of America. Please utilize our Beneish M Score to check the likelihood of B of A's management to manipulate its earnings.