What was Bank of America highest stock price?
Bank Of America – 36 Year Stock Price History | BAC
- The all-time high Bank Of America stock closing price was 54.90 on November 20, 2006.
- The Bank Of America 52-week high stock price is 50.11, which is 57.6% above the current share price.
What is the prediction for Bank of America stock?
Stock Price Forecast The 24 analysts offering 12-month price forecasts for Bank of America Corp have a median target of 44.50, with a high estimate of 64.00 and a low estimate of 33.25. The median estimate represents a +43.69% increase from the last price of 30.97.
Is Bank of America worth investing?
Investment thesis Bank of America’s (NYSE:BAC) high asset sensitivity positions it well to benefit from the rising interest rate cycle. The company also has strong loan growth prospects as its loan growth has lagged deposit growth since Covid and there is a good chance to catch up.
Is Bank of America a good stock to hold?
The average 12-month price target of the 19 analysts rating the company is $50.64. The average price target of the five analysts that rated the company following the last quarterly results is $50.10. Bank of America’s forward P/E is 12.14x, roughly a half point below its average P/E over the last five years.
When did Bank of America stock split?
Split History
| Date | Ratio |
|---|---|
| Aug. 30, 2004 | 2:1 |
| Feb. 28, 1997 | 2:1 |
| Nov. 21, 1986 | 2:1 |
| Oct. 20, 1972 | 2:1 |
What will Bank of America stock be in 5 years?
quote is equal to 31.240 USD at 2022-07-05. Based on our forecasts, a long-term increase is expected, the “BAC” stock price prognosis for 2027-06-30 is 49.644 USD. With a 5-year investment, the revenue is expected to be around +58.91%. Your current $100 investment may be up to $158.91 in 2027.
What do analysts say about Bank of America?
Analyst Price Target on BAC Based on 16 Wall Street analysts offering 12 month price targets for Bank of America in the last 3 months. The average price target is $46.00 with a high forecast of $55.00 and a low forecast of $42.00. The average price target represents a 44.70% change from the last price of $31.79.
Do I lose money if a stock splits?
Do you lose money if a stock splits? No. A stock split won’t change the value of your stake in the company, it simply alters the number of shares you own.
Are financial stocks a good buy now?
Attractive Valuations: Financial stocks are now the cheapest group in the S&P 500 Index and trade at their lowest relative valuation in decades. Interest Rates: Many financial companies stand to benefit, as higher interest rates increase earnings.