Do Wall Street Analysts Like Bank of America Stock?

With a market cap of $303.2 billion, Bank of America Corporation (BAC) is one of the largest financial institutions in the United States. Operating through four main segments: Consumer Banking; Global Wealth & Investment Management; Global Banking; and Global Markets, it serves individual consumers, small and mid-sized businesses, large corporations, and governments worldwide.

The Charlotte, North Carolina-based company's shares have underperformed the broader market over the past 52 weeks. BAC has increased 8.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.1%. Moreover, Bank of America shares are down 9.1% on a YTD basis, compared to SPX’s 4.4% decline.