Piper Sandler Sticks to Its Hold Rating for Bank of America (BAC)
In a report released today, Scott Siefers from Piper Sandler maintained a Hold rating on Bank of America (BAC – Research Report), with a price target of $42.00. The company's shares closed yesterday at $44.38.
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According to TipRanks, Siefers is a 5-star analyst with an average return of 10.7% and a 60.17% success rate. Siefers covers the Financial sector, focusing on stocks such as Bank of America, JPMorgan Chase, and Wells Fargo.
Bank of America has an analyst consensus of Strong Buy, with a price target consensus of $49.34.
The company has a one-year high of $48.08 and a one-year low of $33.07. Currently, Bank of America has an average volume of 49.49M.
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