Analysts have been eager to weigh in on the Financial sector with new ratings on Bank of America (BAC) and Realty Income Corp (O).
Bank of America (BAC)
Morgan Stanley analyst Betsy Graseck maintained a Buy rating on Bank of America today and set a price target of $33. The company’s shares closed last Monday at $30.13, close to its 52-week high of $31.37.
According to TipRanks.com, Graseck is a 4-star analyst with an average return of 5.6% and a 52.9% success rate. Graseck covers the Financial sector, focusing on stocks such as Discover Financial Services, Santander Consumer USA, and Capital One Financial.
Bank of America has an analyst consensus of Moderate Buy, with a price target consensus of $34.25.
See today’s analyst top recommended stocks >>
Realty Income Corp (O)
In a report released today, Vikram Malhorta from Morgan Stanley maintained a Hold rating on Realty Income Corp, with a price target of $75. The company’s shares closed last Monday at $73.97, close to its 52-week high of $76.73.
According to TipRanks.com, Malhorta is a 3-star analyst with an average return of 3.0% and a 62.9% success rate. Malhorta covers the Financial sector, focusing on stocks such as Senior Housing Properties Trust, New Senior Investment Group, and National Retail Properties.
Realty Income Corp has an analyst consensus of Strong Buy, with a price target consensus of $79.25.
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.
