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Barchart
Barchart
Sohini Mondal

Are Wall Street Analysts Bullish on Bank of America Stock?

Bank of America BAC

Bank of America Corporation (BAC), with a market cap of $299.4 billion, is a leading financial services provider, offering a range of banking and financial products globally. Based in Charlotte, North Carolina, it serves individual consumers, businesses of all sizes, institutional investors, corporations, and governments.

BAC stock has significantly outperformed the broader market over the past 52 weeks. BAC has gained 40.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 26.2%. In 2024, shares of BAC are up more than 14%, compared to SPX's 9.5% gains on a YTD basis.

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