Bank of America (NYSE: BAC) was the recipient of a ratings changes during the seven days:
Bank of America had its “neutral” rating re-affirmed by analysts at Sterne Agee.
Bank of America had its “neutral” rating re-affirmed by analysts at Nomura.
Bank of America ‘s EPS estimates were cut by analysts at Evercore Partners. They now have an “overweight” rating and a $8.00 price target on the stock.
Bank of America had its “neutral” rating re-affirmed by analysts at UBS AG.
Bank of America had its “underperform” rating re-affirmed by analysts at Zacks Investment Research. They now have a $6.50 price target on the stock.
Bank of America Corporate Information:
Bank of America Corporation is a bank holding and a financial holding company. It is a financial institution, serving individual consumers, small and middle market businesses, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services. Through its banking subsidiaries and various non-banking subsidiaries, it provides a range of banking and non-banking financial services and products through six business segments: Deposits, Global Card Services, Home Loans & Insurance, Global Commercial Banking, Global Banking & Markets and Global Wealth & Investment Management. In June 2011, it sold Balboa Insurance Company. On September 29, 2011, it ceased to be a substantial holder in Bow Energy Limited. On November 24, 2011, it announced that Bank of America Corporation ceased to be a substantial holder in the Company. In December 2011, its Bank of America Merrill Lynch closed its private banking unit in Brazil.
Bank of America opened at 7.30 on Friday. Bank of America has a 52-week low of $4.92 and a 52-week high of $14.95. The stock has a 50-day moving average of $6.05 and a 200-day moving average of $6.89. The company has a market cap of $76.912 billion and a price-to-earnings ratio of 730.00.