Bank of America Corporation (BAC) is an American multinational investment bank. It is the second largest banking institution in the US and the eighth largest bank in the world. The current capitalization is at the level of $300 billion.
On June 14, 2022, analysts at RBC Capital released the latest price target for Bank of America (BAC) stock at $45 for the next 12 months. Over the past year, 19 analyst firms have published forecasts Bank of America (NYSE: BAC) stock for 2023. The general consensus rating of analysts is Buy. The average analyst price target is $46 over the next 12 months (44% possible upside potential).