WebApr 12, 2024 · According to the issued ratings of 16 analysts in the last year, the consensus rating for Bank of America stock is Hold based on the current 2 sell ratings, 6 hold ratings and 8 buy ratings for BAC. The average twelve-month price prediction for Bank of America is $37.75 with a high price target of $48.00 and a low price target of $31.00. WebSep 19, 2024 · Separately, the Bank of America today boosted its 2024 U.S. oil price forecast by $4 to $94 a barrel, pointing to what it called a "modest but demonstrable production cut at the last OPEC+ meeting

Why Bank Of America Thinks Oil Prices Are Heading To $100

WebFeb 7, 2024 · The US Energy Information Administration (EIA) projected Brent crude oil averaging at $83.1 in 2024 and $77.57 in 2024, as of 18 January. Economic data provider TradingEconomics, in its short-term … WebNov 2, 2024 · High oil prices are set to continue well into 2024, with the average price of the global crude Brent benchmark expected to continue to trade above $80 a barrel, … roll over club

Bank of America projects 2024 oil prices near $100 on growing …

WebThe forecast was unchanged from Fitch Solutions’ previous oil price forecast report. At the time of writing, Brent Crude Oil is trading at $79.55 per barrel. The price of the commodity has fallen steadily from a close of $123.58 a barrel on June 8th. To contact the author, email [email protected] WebFeb 25, 2024 · Oil prices are set to rise by the fastest rate since the 1970s over the next three years, Bank of America said in a new report, joining the growing group of analysts forecasting a return of oil to ... WebDec 19, 2024 · At the time of writing, the price of Brent crude oil is trading at $79.55 per barrel. The price of the commodity has steadily dropped from a close of $123.58 per barrel on June 8. To contact the ... roll over contract