Is Bank of America Stock Still a Bargain?
It's been a good year for bank stocks, and Bank of America (NYSE: BAC) is no exception.
Since this time last year, shares of the Charlotte, N.C.-based bank have risen 61%. That's more than triple the S&P 500 and well over other banks, with the KBW Bank Index returning 38% over the same stretch.
Given this performance, it's reasonable for investors to ask: Is Bank of America's stock still a bargain?
Source: Fool.com
Bank of America Corp. Stock
€38.39
-0.290%
Currently there is a rather positive sentiment for Bank of America Corp. with 27 Buy predictions and 5 Sell predictions.
With a target price of 42 € there is a slightly positive potential of 9.42% for Bank of America Corp. compared to the current price of 38.39 €.
