Bank of America Company with ticker code (BAC) now have 23 analysts masking the stock with the consensus suggesting a score of ‘Buy’. The goal price ranges between 37 and 20 and has a imply goal at 27.15. With the shares earlier shut at 25.98 this is able to suggest there’s a potential upside of 4.5%. The 50 day shifting common now sits at 22.95 and the 200 day MA is 28.84. The corporate has a market capitalisation of $215,676m. Firm Web site: http://www.bankofamerica.com
Bank of America Company, via its subsidiaries, gives banking and monetary services for particular person customers, small- and middle-market companies, institutional buyers, giant firms, and governments worldwide. It operates in Client Banking, World Wealth & Funding Administration (GWIM), World Banking, and World Markets segments. The Client Banking section 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, corresponding to automotive, leisure automobile, and shopper private loans. The GWIM section affords funding administration, brokerage, banking, and belief and retirement merchandise; and wealth administration options, in addition to personalized options, together with specialty asset administration providers. The World Banking section gives lending services, together with industrial loans, leases, dedication services, commerce finance, and actual property and asset-based lending; treasury options, corresponding to 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 section affords market-making, financing, securities clearing, settlement, and custody providers, in addition to threat administration, fixed-income, and mortgage-related merchandise. As of Might 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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