- Shares of Bank of America (BAC - Get Report) closed at $5.25 Monday, down 61% year-to-date. The mean price target for the shares on Dec. 31, 2010, among analysts polled by FactSet, was $18.16. At this point, 10 out of 24 sell-side analysts covering Bank of America still rate the shares a buy (with 13 neutral ratings and one sell rating), and the consensus price target is $9.53.
- Shares of Citigroup (C - Get Report), declined 47% year-to-date, to close at $25.05. The consensus price target for Citi -- adjusting for the 1-for-10 reverse split on May 6 -- was $53.55 at the end of last year. Now the consensus 12-month price target is $42.39, with 16 out of 22 analysts rating the shares a buy. Four analysts have neutral ratings and two recommend selling the shares.
- JPMorgan Chase (JPM - Get Report) was down 30% year-to-date, closing at $29.16 Monday. The consensus price target for the shares was $52.62 at the end of last year. Analysts still love JPMorgan, as 23 out of 25 rate the shares a buy, with two neutral ratings. The consensus price target is now $45.91.
- Wells Fargo (WFC - Get Report) has fared best among the big four this year, with shares sliding "only" 21% through Monday's close at $24.15. The mean price target at the end of last year was $36.25. The consensus price target is now $32.57, with 20 out of 23 analysts rating the shares a buy, while two analysts have neutral ratings and one analyst recommends investors part with the share.
10 Bank Stocks Beating Analysts' Price Targets
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