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Bank of America Corp (NYSE:BAC) shares traded 1.36% up during most recent session to reach at the closing price of $23.05. The stock exchanged hands 88.44 Million shares versus average trading capacity of 91.16 Million shares, yielding a market cap of $229.39 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $26.07 within the next 52-weeks. The mean target projections are based on 29 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Bank of America Corp (NYSE:BAC) high price target of $32 and with a conservative view have low price target of $20.

Berenberg “Downgrades” Bank of America Corp (NYSE:BAC) in a research note issued to investors on 4/24/17 to Hold with price target of $22.

Additionally on 4/04/17 Citigroup “Downgrades” Bank of America Corp (NYSE:BAC) to Neutral setting price target at $0 and on 2/16/17 Macquarie “Upgrades” the stock to Outperform at $0. Furthermore on 1/12/17 Societe Generale “Upgrades” the stock to Buy at $31.5.

On the other hand the company has Relative Strength Index (RSI 14) of 44.28 along with Average True Range (ATR 14) of 0.5, Consequently Bank of America Corp (NYSE:BAC)’s weekly and monthly volatility is 2.03%, 1.77% respectively. The company’s beta value is at 1.31.

In terms of Buy, Sell or Hold recommendations, Bank of America Corp (NYSE:BAC) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Bank of America Corp (NYSE:BAC)’s minimum EPS for the current quarter is at $0.43 and can go high up to $0.52. The consensus mean EPS for the current quarter is at $0.47 derived from a total of 26 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.41 earnings per share for the same quarter during last year.

Previously Bank of America Corp (NYSE:BAC) reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.06. The company posted an earnings surprise of 17.1%.

While considering growth estimates of the company, it has next quarter growth estimates of 14.6% whereas during current quarter it has 14.6% estimations over growth, comparing to the estimations of 22% during current year and 17.5% for next year. Past 5 years growth of Bank of America Corp (NYSE:BAC) observed at 25.61%, looking forward for the next 5 years it has a strong prediction of 10.49% over growth.

Bank of America Corp (NYSE:BAC)’s revenue estimates for the current quarter are $22.28 Billion according to 16 number of analysts, for the current quarter the company has high revenue estimates of $22.8 Billion in contradiction of low revenue estimates of $21.88 Billion. For the current year the company’s revenue estimates are $89.47 Billion compared to low analyst estimates of $87.76 Billion and high estimates of $92.84 Billion according to 19 number of analysts.

Currently Bank of America Corp (NYSE:BAC)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 69.5%. However the six-month change in the insider ownership was recorded 0.5%, as well as three-month change in the institutional ownership was recorded -0.93%.

Bank of America Corp (NYSE:BAC) 52-week high price stands at $25.80 and low price stands at $11.91, its price distance from 52-week high is -10.66% while its distance from 52-week low price is 93.48%. The stock hit its 52-week high on 03/02/17, and 52-week low on 06/27/16.

Bank of America Corp (NYSE:BAC)’s trailing twelve month revenues are $51.76 Billion, whereas its price to sales ratio for the same period is 4.44. Its book value per share for the most recent quarter is $24.05 while its price to book ratio for the same period is 0.96, as for as the company’s cash per share for the most recent quarter is $64.11, however its price to cash per share ratio for the same period is 0.36. The stock has 5 year expected PEG ratio of 1.36 whereas its trailing twelve month P/E ratio is 14.22.