Bank of America (BAC) “Neutral” Rating Reconfirmed by Analysts at Citigroup; With $34 Target; Emx Royalty Corporationhares (canada) (NYSEAMERICAN:EMX) Shorts Up By 84.44%

April 24, 2018 - By Maria Brooks

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Emx Royalty Corporationhares (canada) (NYSEAMERICAN:EMX) had an increase of 84.44% in short interest. EMX’s SI was 8,300 shares in April as released by FINRA. Its up 84.44% from 4,500 shares previously. With 50,900 avg volume, 0 days are for Emx Royalty Corporationhares (canada) (NYSEAMERICAN:EMX)’s short sellers to cover EMX’s short positions. The SI to Emx Royalty Corporationhares (canada)’s float is 0.01%. It closed at $0.88 lastly. It is down 0.00% since April 24, 2017 and is . It has underperformed by 11.55% the S&P500.

In a note revealed on today, Citigroup reaffirmed their “Neutral” rating on Bank of America (NYSE:BAC)‘s stock. The target would indicate a potential upside of 12.14% from company’s last stock close.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.15, from 1.04 in 2017Q3. It increased, as 66 investors sold Bank of America Corporation shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. 6.85 billion shares or 0.98% less from 6.91 billion shares in 2017Q3 were reported. Archon Prns Ltd Co reported 320,500 shares. Northeast Invest Mngmt reported 187,492 shares stake. Parametric Portfolio Associate Lc stated it has 0.82% of its portfolio in Bank of America Corporation (NYSE:BAC). At Commercial Bank holds 25,938 shares. Profund Advsr accumulated 0.71% or 619,539 shares. Clough Capital Lp has 5% invested in Bank of America Corporation (NYSE:BAC) for 2.03 million shares. Clear Harbor Asset Ltd Company has 12,629 shares for 0.07% of their portfolio. Moreover, Banque Pictet & Cie Sa has 0.53% invested in Bank of America Corporation (NYSE:BAC) for 892,240 shares. Solaris Asset Limited owns 0.04% invested in Bank of America Corporation (NYSE:BAC) for 2,501 shares. Orrstown Finance Incorporated stated it has 1,866 shares. Wealthtrust holds 0.01% or 569 shares in its portfolio. 2.59 million were reported by Cramer Rosenthal Mcglynn Limited Liability. Rafferty Asset Ltd Com reported 2.14 million shares. Amundi Pioneer Asset Management has 0.72% invested in Bank of America Corporation (NYSE:BAC) for 15.89M shares. Noesis Cap Mangement, Florida-based fund reported 10,415 shares.

The stock increased 0.20% or $0.06 during the last trading session, reaching $30.32. About 50.69M shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since April 24, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America has $37 highest and $15 lowest target. $27.54’s average target is -9.17% below currents $30.32 stock price. Bank of America had 113 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 19 by Citigroup. The rating was upgraded by KBW on Tuesday, September 1 to “Buy”. RBC Capital Markets maintained Bank of America Corporation (NYSE:BAC) on Wednesday, April 5 with “Buy” rating. The stock of Bank of America Corporation (NYSE:BAC) has “Outperform” rating given on Tuesday, October 6 by Oppenheimer. The firm has “Hold” rating given on Tuesday, September 1 by Macquarie Research. The stock has “Buy” rating by RBC Capital Markets on Tuesday, July 18. The firm earned “Market Perform” rating on Monday, May 16 by Keefe Bruyette & Woods. The firm has “Buy” rating by Oppenheimer given on Monday, March 26. Deutsche Bank maintained the shares of BAC in report on Tuesday, August 25 with “Buy” rating. The company was upgraded on Tuesday, August 25 by Robert W. Baird.

Bank of America Corporation, through its subsidiaries, provides banking and financial services and products for individual consumers, small and middle-market businesses, institutional investors, large firms, and governments worldwide. The company has market cap of $309.99 billion. It operates through four divisions: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. It has a 19.45 P/E ratio. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans.

EMX Royalty Corporation engages in the acquisition, exploration, and evaluation of mineral properties. The company has market cap of $66.78 million. It explores for gold, silver, copper, molybdenum, lead, zinc, volcanogenic massive sulfide, and iron deposits. It currently has negative earnings. The Company’s principal asset is the Leeville royalty property located in Eureka County, Nevada.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

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By1 Maria Brooks

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