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
€54.63
-0.270%
With 87 Buy predictions and 1 Sell predictions Bank of America Corp. is one of the favorites of our community.
On the other hand, the target price of 52 € is below the current price of 54.63 € for Bank of America Corp., so the potential is actually -4.81%.
