How Wall Street Rates Bank of America among Its Peers
Bank of America (BAC) seems to command a favorable rating, with 22 out of 30 Wall Street analysts awarding it “buy” or strong buy” ratings. Bank of America’s mean price target is $34.59 per share, implying growth of 7.4% over the next 12 months. Among Bank of America’s peers, Citigroup (C) commands 17 “buys” or “strong buys” out of 29 analyst ratings.