Bank of America (BAC) stock forecast for 2024. Forecast tables and graphs.

Bank of America (BAC) stock forecast for 2024

The forecast has been updated: September 23, 2021 8:34


Bank of America stock price online today

Analyst Target Price

44.01

Dividend Date

24.09.2021

Ex Dividend Date

02.09.2021

Last Split Factor

2:1

Last Split Date

30.08.2004

Should you buy or sell Bank of America stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Bank of America stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $44.01 target price for Bank of America stock stock.

Today 200 Day Moving Average is the support level (40.18 $).

50 Day Moving Average is the support level (40.76 $).




BAC Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 40.50 39.45 41.58 5.11 %
Feb 39.14 37.99 40.24 5.58 %
Mar 36.62 34.85 37.13 6.14 %
Apr 35.26 33.34 36.15 7.78 %
May 37.58 36.53 38.56 5.25 %
Jun 37.72 36.42 38.59 5.61 %
Jul 37.24 36.15 39.33 8.09 %
Aug 36.59 35.33 37.72 6.32 %
Sep 36.67 34.64 38.62 10.30 %
Oct 36.10 35.27 37.92 7.00 %
Nov 36.48 34.62 37.25 7.06 %
Dec 38.55 36.82 40.46 9.00 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Bank of America stock.


Bank of America overview

Bank of America Address

BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE, NC, US

Market Capitalization

338 194 825 000 $

EBITDA

-

PE Ratio

13.41

PEG Ratio

1.139

Dividend Per Share

0.72

Dividend Yield

0.0184

EPS

2.996

Quarterly Earnings Growth YOY

1.791

Quarterly Revenue Growth YOY

0.342

Trailing PE

13.41

Forward PE

12.76

EV To Revenue

0

EV To EBITDA

0

52 Week High

43.27

52 Week Low

22.48

50 Day Moving Average

40.76

200 Day Moving Average

40.18

Shares Outstanding

8414900000

Shares Float

8389575000

Shares Short Prior Month

76863000

Short Ratio

1.86

Percent Insiders

0.111

Percent Institutions

73.2

Bank of America stock forecast for this year


Bank of America stock forecast for Jan 2024.
Estimated Average Forecasted Bank of America Price: 40.50. Positive monthly dynamics of the instrument is expected with 5.114% volatility is expected.

Pessimistic forecast: 39.45

Optimistic: 41.58


Bank of America stock forecast for Feb 2024.
Estimated Average Forecasted Bank of America Price: 39.14. Negative monthly dynamics of the instrument is expected with 5.584% volatility is expected.

Pessimistic forecast: 37.99

Optimistic: 40.24


Bank of America stock forecast for Mar 2024.
Estimated Average Forecasted Bank of America Price: 36.62. Negative monthly dynamics of the instrument is expected with 6.144% volatility is expected.

Pessimistic forecast: 34.85

Optimistic: 37.13


Bank of America stock forecast for Apr 2024.
Estimated Average Forecasted Bank of America Price: 35.26. Negative monthly dynamics of the instrument is expected with 7.784% volatility is expected.

Pessimistic forecast: 33.34

Optimistic: 36.15


Bank of America stock forecast for May 2024.
Estimated Average Forecasted Bank of America Price: 37.58. Positive monthly dynamics of the instrument is expected with 5.254% volatility is expected.

Pessimistic forecast: 36.53

Optimistic: 38.56


Bank of America stock forecast for Jun 2024.
Estimated Average Forecasted Bank of America Price: 37.72. Positive monthly dynamics of the instrument is expected with 5.610% volatility is expected.

Pessimistic forecast: 36.42

Optimistic: 38.59


Bank of America stock forecast for Jul 2024.
Estimated Average Forecasted Bank of America Price: 37.24. Negative monthly dynamics of the instrument is expected with 8.087% volatility is expected.

Pessimistic forecast: 36.15

Optimistic: 39.33


Bank of America stock forecast for Aug 2024.
Estimated Average Forecasted Bank of America Price: 36.59. Negative monthly dynamics of the instrument is expected with 6.315% volatility is expected.

Pessimistic forecast: 35.33

Optimistic: 37.72


Bank of America stock forecast for Sep 2024.
Estimated Average Forecasted Bank of America Price: 36.67. Positive monthly dynamics of the instrument is expected with 10.302% volatility is expected.

Pessimistic forecast: 34.64

Optimistic: 38.62


Bank of America stock forecast for Oct 2024.
Estimated Average Forecasted Bank of America Price: 36.10. Negative monthly dynamics of the instrument is expected with 6.997% volatility is expected.

Pessimistic forecast: 35.27

Optimistic: 37.92


Bank of America stock forecast for Nov 2024.
Estimated Average Forecasted Bank of America Price: 36.48. Positive monthly dynamics of the instrument is expected with 7.062% volatility is expected.

Pessimistic forecast: 34.62

Optimistic: 37.25


Bank of America stock forecast for Dec 2024.
Estimated Average Forecasted Bank of America Price: 38.55. Positive monthly dynamics of the instrument is expected with 9.003% volatility is expected.

Pessimistic forecast: 36.82

Optimistic: 40.46



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