why Bank Of America Corp [BAC] is a Good Choice for Investors After New Price Target of $49.76

Bank Of America Corp [NYSE: BAC] slipped around -0.53 points on Friday, while shares priced at $44.09 at the close of the session, down -1.19%.

Compared to the average trading volume of 46.31M shares, BAC reached a trading volume of 43274026 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Bank Of America Corp [BAC]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BAC shares is $49.76 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BAC stock is a recommendation set at 1.42. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Cowen have made an estimate for Bank Of America Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 15, 2025. The new note on the price target was released on April 07, 2025, representing the official price target for Bank Of America Corp stock. Previously, the target price had yet another raise from $45 to $50, while Robert W. Baird kept a Outperform rating on BAC stock. On January 07, 2025, analysts increased their price target for BAC shares from 43 to 53.

The Average True Range (ATR) for Bank Of America Corp is set at 0.86, with the Price to Sales ratio for BAC stock in the period of the last 12 months amounting to 1.67. The Price to Book ratio for the last quarter was 1.21. Price to Free Cash Flow for BAC in the course of the last twelve months was 9.14.

How has BAC stock performed recently?

Bank Of America Corp [BAC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.96. With this latest performance, BAC shares dropped by -1.45% in over the last four-week period, additionally sinking by -3.63% over the last 6 months – not to mention a rise of 13.46% in the past year of trading.

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Bank Of America Corp [BAC]: Deeper insight into the fundamentals

Bank Of America Corp’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.96.

Earnings analysis for Bank Of America Corp [BAC]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BAC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bank Of America Corp go to 14.51%.

Insider trade positions for Bank Of America Corp [BAC]

The top three institutional holders of BAC stocks are: BERKSHIRE HATHAWAY INC with ownership of 1.03 billion shares, which is approximately 13.0776%. VANGUARD GROUP INC, holding 641.63 million shares of the stock with an approximate value of $$25.52 billion in BAC stocks shares; and VANGUARD GROUP INC, currently with $$18.82 billion in BAC stock with ownership which is approximately 5.9904%.

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