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Bank of America (BAC-N) opinion on 2017-07-13

Last Price Recorded: 26.6600 on 2017-11-23

ON STOCKCHASE SINCE Nov 2000

banks
TOP PICK

Paul Harris, CFA
Bank of America was $24.620 at time of opinion
Owned : Yes

A better bank than it was 10 years ago. It has more capital, a better cost structure and have gotten rid of assets that are non-core. They can’t acquire things anymore other than a few tuck-in acquisitions on the wealth management side. This means it is going to grow a lot more organically. They have a great wealth management business. The stock is trading at only 1X BV. Dividend yield of 1.2%. (Analysts’ price target is $27.00.)

UNKNOWN

All opinions for BAC-N (920)

181 BUY
17 BUY on WEAKNESS
232 COMMENT
169 DON'T BUY
38 HOLD
7 PARTIAL BUY
1 PARTIAL SELL
75 PAST TOP PICK
32 SELL
5 SPECULATIVE BUY
2 STRONG BUY
118 TOP PICK
3 VAGUE
15 WAIT
12 WATCH
12 WEAK BUY
1 Unspecified
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All opinions for BAC-N (920)

181 BUY
17 BUY on WEAKNESS
232 COMMENT
169 DON'T BUY
38 HOLD
7 PARTIAL BUY
1 PARTIAL SELL
75 PAST TOP PICK
32 SELL
5 SPECULATIVE BUY
2 STRONG BUY
118 TOP PICK
3 VAGUE
15 WAIT
12 WATCH
12 WEAK BUY
1 Unspecified
View All

More experts covering BAC-N

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Add BAC-N to Watch List

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