BMO Capital analyst James Fotheringham reiterated a Hold rating on Bank of America (NYSE: BAC) yesterday and set a price target of $35. The company’s shares opened today at $29.89.
According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 16.5% and a 80.3% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Discover Financial Services, Credit Acceptance Corp, and Santander Consumer USA.
Bank of America has an analyst consensus of Strong Buy, with a price target consensus of $34, a 13.8% upside from current levels. In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $30 price target.
.
See today’s analyst top recommended stocks >>
Bank of America’s market cap is currently $303B and has a P/E ratio of 16.82. The company has a Price to Book ratio of 1.25.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
