|
|
|
|
|||||
|
|
|
Bank of America Corporation (NYSE:BAC) is included among the 13 Most Undervalued Dividend Stocks to Buy According to Wall Street Analysts.
Bank of America Corporation (NYSE:BAC) is a global financial institution that offers an extensive range of services, including banking, investment, asset management, and various financial solutions for individuals, companies, and organizations.
Wells Fargo lifted its price target on Bank of America Corporation (NYSE:BAC) to $62 from $60 while maintaining an Overweight rating on the stock. The firm anticipates that the bank will introduce a new return on tangible common equity (ROTCE) target of 16% to 18% at its upcoming investor day on November 5, reflecting confidence in its ability to better capitalize on its strong franchise.
On October 23, Bank of America Corporation (NYSE:BAC) announced a quarterly dividend of $0.28 per share, consistent with its prior payout. Overall, the company has raised its payouts for 11 consecutive years. As of October 29, the stock has a dividend yield of 2.13%.
While we acknowledge the potential of BAC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Dividend Stocks Under $10 to Invest in and 11 Best FTSE Dividend Stocks to Buy Right Now
Disclosure: None.
| 51 min | |
| 7 hours | |
| Oct-29 | |
| Oct-29 | |
| Oct-29 | |
| Oct-29 | |
| Oct-29 | |
| Oct-29 | |
| Oct-28 | |
| Oct-28 | |
| Oct-28 | |
| Oct-28 | |
| Oct-28 | |
| Oct-28 | |
| Oct-28 |
Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
Learn more about FINVIZ*Elite