Bank of New York Mellon (BK) Stock Forecast & Price Target

$77.62 +1.21 (+1.58%)

(As of 12/20/2024 05:31 PM ET)

Bank of New York Mellon - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 13 Analyst Ratings

Sell
0

Hold
4

Buy
9

Based on 13 Wall Street analysts who have issued ratings for Bank of New York Mellon in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 4 have given a hold rating, and 9 have given a buy rating for BK.

Consensus Price Target

$81.00
4.35% Upside

According to the 13 analysts' twelve-month price targets for Bank of New York Mellon, the average price target is $81.00. The highest price target for BK is $96.00, while the lowest price target for BK is $66.00. The average price target represents a forecasted upside of 4.35% from the current price of $77.62.

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BK Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$81.00	$77.23	$67.86	$52.77
Forecasted Upside	4.35% Upside	-3.63% Downside	-5.93% Downside	2.53% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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BK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

BK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Bank of New York Mellon Stock vs. The Competition

Type	Bank of New York Mellon	Finance Companies	S&P 500
Consensus Rating Score	2.69	2.50	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	4.35% Upside	18.66% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent BK News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/9/2024	Morgan Stanley 3 of 5 stars		Upgrade	Equal Weight ➝ Overweight	$82.00 ➝ $94.00	+16.76%
12/3/2024	Keefe, Bruyette & Woods 4 of 5 stars	D. Konrad Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$87.00 ➝ $96.00	+18.36%
11/25/2024	Citigroup 3 of 5 stars	K. Horowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$75.00 ➝ $82.00	+1.21%
11/15/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$79.00 ➝ $81.00	+4.41%
11/11/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$82.00 ➝ $85.00	+7.70%
10/14/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sector Perform ➝ Sector Perform	$79.00 ➝ $79.00	+4.36%
Get the Latest News and Ratings for BK and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Bank of New York Mellon and its competitors with MarketBeat's FREE daily newsletter.
10/14/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$75.00 ➝ $86.00	+14.03%
10/14/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$66.00 ➝ $77.00	+3.56%
10/8/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$73.00 ➝ $82.00	+12.44%
10/7/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$69.00 ➝ $77.00	+6.54%
9/26/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$74.00 ➝ $80.00	+10.85%
4/18/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$67.00 ➝ $68.00	+22.97%
4/17/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$64.00 ➝ $66.00	+20.88%
1/4/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Peer Perform ➝ Outperform	$60.00	+29.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:17 PM ET.

Should I Buy Bank of New York Mellon Stock? BK Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, December 15, 2024. Please send any questions or comments about these Bank of New York Mellon pros and cons to contact@marketbeat.com.

Bank of New York Mellon
Bull Case

Here are some ways that investors could benefit from investing in The Bank of New York Mellon Co.:

The Bank of New York Mellon Co. recently reported earnings per share of $1.52, exceeding the consensus estimate of $1.41, indicating strong financial performance and effective management.
The company has a market capitalization of $58.54 billion, reflecting its significant size and stability in the financial sector, which can be attractive to investors seeking reliable investments.
With a current dividend yield of 2.34% and a payout ratio of 40.87%, The Bank of New York Mellon Co. offers a steady income stream for investors, making it appealing for those looking for dividend-paying stocks.
Recent upgrades from analysts, including a target price increase from Morgan Stanley to $94.00, suggest positive market sentiment and potential for stock price appreciation.
The company has a PEG ratio of 0.91, indicating that it may be undervalued relative to its earnings growth potential, which can be a sign of a good investment opportunity.

Bank of New York Mellon
Bear Case

Investors should be bearish about investing in The Bank of New York Mellon Co. for these reasons:

The company has a debt-to-equity ratio of 0.89, which, while manageable, indicates a reliance on debt financing that could pose risks in a rising interest rate environment.
Despite recent positive earnings, the current ratio of 0.70 suggests that The Bank of New York Mellon Co. may face liquidity challenges, as it has less current assets than current liabilities.
Analysts have mixed ratings, with five rating the stock as a hold, which may indicate uncertainty about its future performance and potential volatility.
The beta of 1.07 suggests that the stock is slightly more volatile than the market, which could lead to larger price swings and increased risk for investors.
Recent downgrades from some analysts, such as StockNews.com lowering its rating from "buy" to "hold," may reflect concerns about the stock's short-term performance potential.

BK Forecast - Frequently Asked Questions

: According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Bank of New York Mellon is $81.00, with a high forecast of $96.00 and a low forecast of $66.00.
: 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bank of New York Mellon in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BK shares.
: According to analysts, Bank of New York Mellon's stock has a predicted upside of 4.35% based on their 12-month stock forecasts.
: Over the previous 90 days, Bank of New York Mellon's stock had 2 upgrades by analysts.
: Bank of New York Mellon has been rated by research analysts at Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Morgan Stanley, Royal Bank of Canada, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Bank of New York Mellon more than other "finance" companies. The consensus rating for Bank of New York Mellon is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how BK compares to other companies.

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This page (NYSE:BK) was last updated on 12/22/2024 by MarketBeat.com Staff

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Bank of New York Mellon (BK) Stock Forecast & Price Target