Bank Of America Stock Forecast 2020

With a 5 year investment the revenue is expected to be around 0 39.

Bank of america stock forecast 2020.

View which stocks have been most impacted by covid 19. The bank of america corporation stock price gained 1 31 on the last trading day friday 4th dec 2020 rising from 28 91 to 29 29. About the bank of america corp. For example the volume for october 20 calls in particular strikes of 24 24 and 26 is 10 995 4 512 and 37616 respectively.

Bank of america s stock was trading at 22 67 on march 11th 2020 when covid 19 coronavirus reached pandemic status according to the world health organization. Stronger technical forecast for bank of america corporation stock price after friday trading. Profits rise economy slows globalization peaks and business as usual investing comes to an end. Contrast that to the put volume of 10 415 9018 and 5978 for 24 23 and 22 strikes.

Key drivers of this year s late cycle bull market gains are expected to shift as the global markets enter the new year according to bofa merrill lynch global research which was recently named institutional investor s top research firm in the world. In turn you get an image where the bears are slightly winning the 2020 tug of war. Stock price forecast bac predictons for2021. Investors can use this forecasting interface to forecast bank of america historical stock prices and determine the direction of bank of america s future trends based on various well known forecasting models.

Bank of america corp s revenue in 2020 is 87 778 000 000 on average 7 wall street analysts forecast bac s revenue for 2020 to be 742 415 898 227 861 with the lowest bac revenue forecast at 733 522 271 181 791 and the highest bac revenue forecast at 752 485 555 248 568. Bank of america stock forecast options chain. Since then bac shares have increased by 29 2 and is now trading at 29 29. Bank of america corp.

However solely looking at the historical price movement is usually misleading. Your current 100 investment may be up to 100 39 in 2025. Bank of america corp. Stock forecast as of 2020 december 08 tuesday current price of bac stock is 29 090 and our data indicates that the asset price has been stagnating for the past 1 year or since its inception.

Bank of america merrill lynch 2020 market outlook. Based on our forecasts a long term increase is expected the bac stock price prognosis for 2025 11 26 is 29 174 usd. The options chain is suggesting a bearish to stagnate 2020 but a bullish 2021.