Bank of America Company discovered utilizing ticker (BAC) have now 24 analysts in complete protecting the stock. The consensus ranking is ‘Buy’. The goal price ranges between 37 and 21 and has a imply goal at 27.71. With the stocks earlier shut at 24.72 this now signifies there’s a potential upside of 12.1%. The 50 day MA is 24.44 and the 200 day transferring common is 27.66. The corporate has a market cap of $200,840m. Discover out extra info at: http://www.bankofamerica.com
Bank of America Company, by means of its subsidiaries, gives banking and monetary services and products for particular person customers, small- and middle-market companies, institutional traders, giant companies, and governments worldwide. It operates in Shopper Banking, World Wealth & Funding Administration (GWIM), World Banking, and World Markets segments. The Shopper Banking phase affords conventional and cash market financial savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and funding accounts and merchandise; and credit score and debit playing cards, residential mortgages, and residential fairness loans, in addition to direct and oblique loans, resembling automotive, leisure automobile, and shopper private loans. The GWIM phase affords funding administration, brokerage, banking, and belief and retirement merchandise; and wealth administration options, in addition to custom-made options, together with specialty asset administration providers. The World Banking phase gives lending services and products, together with business loans, leases, dedication amenities, commerce finance, and actual property and asset-based lending; treasury options, resembling treasury administration, overseas exchange, and short-term investing choices; working capital administration options; and debt and fairness underwriting and distribution, and merger-related and different advisory providers. The World Markets phase affords market-making, financing, securities clearing, settlement, and custody providers, in addition to danger administration, fixed-income, and mortgage-related merchandise. As of May 7, 2020, it served roughly 66 million shopper and small enterprise shoppers with roughly 4,300 retail monetary facilities; roughly 16,900 ATMs; and digital banking platforms with roughly 39 million lively customers. Bank of America Company was based in 1784 and is headquartered in Charlotte, North Carolina.
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