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Bank of America (BAC-N) opinion on 2017-09-12

Last Price Recorded: 26.6600 on 2017-11-23

ON STOCKCHASE SINCE Nov 2000

banks
COMMENT

Cameron Hurst
Bank of America was $23.950 at time of opinion
Owned : Unknown

He likes this because it is a domestically focused franchise, good at what they do, and great capital levels. Regulations are taking a softer tone now which helps. Where you have to be cautious on this is the yield curve. Right now, if you look at the spread between the 10 year and the 3-month Treasury yields, it gives you a reasonable proxy for a net interest margin improvement or shrinkage, and this is ultimately going to be a little tough for this company. However, he doesn’t see a lot else to worry about.

BEARISH on CANADIAN MARKET

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

SAVE
Add BAC-N to Watch List

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