There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Bank of America (BAC) and Sandstorm Gold (SAND) with bullish sentiments.
Bank of America (BAC)
In a report released today, Gerard Cassidy from RBC Capital maintained a Buy rating on Bank of America, with a price target of $30.00. The company’s shares closed last Thursday at $21.31.
According to TipRanks.com, Cassidy is a top 100 analyst with an average return of 21.0% and a 71.6% success rate. Cassidy covers the Financial sector, focusing on stocks such as JPMorgan Chase & Co., Fifth Third Bancorp, and Goldman Sachs Group.
Currently, the analyst consensus on Bank of America is a Moderate Buy with an average price target of $28.50, a 28.7% upside from current levels. In a report issued on April 1, Oppenheimer also maintained a Buy rating on the stock with a $30.00 price target.
See today’s analyst top recommended stocks >>
Sandstorm Gold (SAND)
In a report released today, Melissa Oliphant from RBC Capital maintained a Buy rating on Sandstorm Gold, with a price target of C$9.50. The company’s shares closed last Thursday at $6.51.
Oliphant has an average return of 10.8% when recommending Sandstorm Gold.
According to TipRanks.com, Oliphant is ranked #3176 out of 6470 analysts.
Sandstorm Gold has an analyst consensus of Strong Buy, with a price target consensus of $7.49.
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