Market Exclusive

Bank of America Corp (NYSE:BAC) gets downgraded to Hold by Jefferies Financial Group with a price target of $32.00

Analyst Ratings For Bank of America Corp (NYSE:BAC)

Today, Bank of America Corp (NYSE:BAC) stock was downgraded by Jefferies Financial Group from Buy to Hold with a price target of $32.00.

There are 9 Hold Ratings, 6 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Bank of America Corp (NYSE:BAC) is Hold with a consensus target price of $33.2727 per share, a potential 10.93% upside.

Some recent analyst ratings include

About Bank of America Corp (NYSE:BAC)
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. This segment provides its products and services through approximately 4,500 financial centers; 16,000 ATMs; call centers; and digital banking platforms. The GWIM segment offers investment management, brokerage, banking, and trust and retirement products; and wealth management solutions targeted to high net worth and ultra high net worth clients, as well as customized solutions to meet clients' wealth structuring, investment management, and trust and banking needs, including specialty asset management services. The Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management, foreign exchange, fixed-income, and mortgage-related products. Bank of America Corporation was founded in 1874 and is based in Charlotte, North Carolina.

Recent Trading Activity for Bank of America Corp (NYSE:BAC)
Shares of Bank of America Corp closed the previous trading session at 29,97 +0,090 0,30 % with shares trading hands.

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