This Bank Stock Is Near Its 52-Week High
Shares of Bank of America (NYSE: BAC) are trading only 2% below their 52-week high, but this doesn't mean that they can't continue to climb.
Image source: Getty Images.
The nation's second biggest bank by assets, based in Charlotte, North Carolina, has seen its shares rally meaningfully since the presidential election last year; the unexpected outcome of that election led investors to believe that banks could soon earn more money.
Source: Fool.com
Bank of America Corp. Stock
€36.59
0.150%
The stock is one of the favorites of our community with 21 Buy predictions and 3 Sell predictions.
As a result the target price of 42 € shows a slightly positive potential of 14.8% compared to the current price of 36.59 € for Bank of America Corp..
