Bank of New York Mellon (BK) Stock Forecast & Price Target $78.65 +0.36 (+0.46%) (As of 11/18/2024 ET) Add Compare Share Share Analyst Forecasts Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Bank of New York Mellon - Analysts' Recommendations and Stock Price Forecast (2024) How MarketBeat Calculates Price Target and Consensus Rating 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 BuyBased on 13 Analyst RatingsSell0Hold5Buy8 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, 5 have given a hold rating, and 8 have given a buy rating for BK. Consensus Price Target $77.23-1.80% Downside According to the 13 analysts' twelve-month price targets for Bank of New York Mellon, the average price target is $77.23. The highest price target for BK is $86.00, while the lowest price target for BK is $66.00. The average price target represents a forecasted downside of -1.80% from the current price of $78.65. Get the Latest News and Ratings for BK and Related Stocks Enter your email address to receive the latest news and analysts' ratings for Bank of New York Mellon and its competitors. Enter your email to sign up for newsletter Sign Up BK Analyst Ratings Over TimeTypeCurrent Forecast11/19/23 to 11/18/241 Month Ago10/20/23 to 10/19/243 Months Ago8/21/23 to 8/20/241 Year Ago11/19/22 to 11/19/23Strong Buy0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)0 Strong Buy rating(s)Buy8 Buy rating(s)8 Buy rating(s)6 Buy rating(s)4 Buy rating(s)Hold5 Hold rating(s)5 Hold rating(s)5 Hold rating(s)4 Hold rating(s)Sell0 Sell rating(s)0 Sell rating(s)0 Sell rating(s)1 Sell rating(s)Consensus Price Target$77.23$76.69$66.14$52.40Forecasted Upside-1.80% Downside0.03% Upside1.22% Upside11.02% UpsideConsensus RatingModerate BuyModerate BuyModerate BuyHold Donald Trump can’t save you from this crisis (Ad)Elon Musk: “This Is The Most Destructive Force In History” Elon Musk claims a terrifying new economic force will put millions of Americans out of work. The ripple effects could nudge the US economy into a catastrophic tailspin. If this happens, you need to be prepared. That’s why a former Trump advisor is sharing his contingency plan with the public. What is Musk talking about?Get the full details now. BK Analyst Recommendations By MonthAnalyst Ratings Chart DescriptionThe 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.Skip Chart & View Analyst Rating History BK Price Targets by MonthAverage Share Price and Price Target by Month Chart DescriptionThe 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.Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table Bank of New York Mellon Stock vs. The CompetitionTypeBank of New York MellonFinance CompaniesS&P 500Consensus Rating Score 2.62 2.49 2.50Consensus RatingModerate BuyHoldModerate BuyPredicted Upside-1.53% Downside12.33% Upside9.78% UpsideNews Sentiment RatingPositive NewsSee Recent BK NewsPositive NewsPositive News Recent Analyst Forecasts and Stock Ratings All Ratings Strong Buy Buy Hold Sell Rating Show All Upside > 100% Upside 50% - 100% Upside 20% - 50% Upside 10% - 20% Upside 0% - 10% Downside 0% - 10% Downside 10% - 20% Downside 20% - 50% Downside 50% - 100% Downside > 100% Upside/Downside All Actions Upgrades Downgrades Initiates Coverage Raises Target Lowers Target Reiterates Rating Action Custom Range 1 Month 3 Months 6 Months Year-to-Date 1 Year 3 Years 5 Years Time Frame Start Date End Date Most Recent from Each Brokerage All Show Export to Excel DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails11/15/2024Wells Fargo & Company3 of 5 stars Boost TargetEqual Weight ➝ Equal Weight$79.00 ➝ $81.00+4.41%11/11/2024Deutsche Bank Aktiengesellschaft3 of 5 stars Boost TargetBuy ➝ Buy$82.00 ➝ $85.00+7.70%10/14/2024Royal Bank of Canada4 of 5 stars Reiterated RatingSector Perform ➝ Sector Perform$79.00 ➝ $79.00+4.36%10/14/2024BarclaysSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweight ➝ Overweight$75.00 ➝ $86.00+14.03%10/14/2024Evercore ISISubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetIn-Line ➝ In-Line$66.00 ➝ $77.00+3.56%10/8/2024UBS GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$73.00 ➝ $82.00+12.44% Get the Latest News and Ratings for BK and Related StocksEnter 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. 10/7/2024JPMorgan Chase & Co.Subscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetOverweight ➝ Overweight$69.00 ➝ $77.00+6.54%9/30/2024Morgan StanleySubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetEqual Weight ➝ Equal Weight$72.00 ➝ $78.00+9.24%9/26/2024The Goldman Sachs GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$74.00 ➝ $80.00+10.85%9/19/2024CitigroupSubscribe to MarketBeat All Access for the recommendation accuracy ratingK. HorowitzSubscribe to MarketBeat All Access for the recommendation accuracy ratingBoost TargetNeutral ➝ Neutral$65.00 ➝ $70.00-2.25%7/15/2024Keefe, Bruyette & WoodsSubscribe to MarketBeat All Access for the recommendation accuracy ratingD. KonradSubscribe to MarketBeat All Access for the recommendation accuracy ratingReiterated RatingOutperform ➝ Outperform$70.00 ➝ $75.00+15.15%4/18/2024Jefferies Financial GroupSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$67.00 ➝ $68.00+22.97%4/17/2024Bank of AmericaSubscribe to MarketBeat All Access for the recommendation accuracy rating Boost TargetBuy ➝ Buy$64.00 ➝ $66.00+20.88%1/4/2023Wolfe ResearchSubscribe to MarketBeat All Access for the recommendation accuracy rating UpgradePeer 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 Monday at 07:32 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 Thursday, November 14, 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. has recently shown strong financial performance, reporting a quarterly EPS of $1.52, beating analysts' estimates by $0.11. This indicates a positive earnings trend. Analysts have consistently raised their price targets and ratings for The Bank of New York Mellon Co., with a consensus rating of "Moderate Buy" and an average price target of $76.69, suggesting potential for stock price appreciation. The company has a dividend yield of 2.54%, offering investors a steady income stream through dividends. The Bank of New York Mellon Co. operates in various segments, providing a diversified revenue stream that can help mitigate risks associated with a single business line. With a market cap of $55.45 billion, The Bank of New York Mellon Co. is a well-established financial institution with a strong presence in the market, indicating stability and credibility. 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 current stock price of The Bank of New York Mellon Co. may be considered relatively high compared to historical levels, potentially limiting short-term upside potential for investors. BK Forecast - Frequently Asked Questions What is Bank of New York Mellon's forecast for 2025? 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 $77.23, with a high forecast of $86.00 and a low forecast of $66.00. Should I buy or sell Bank of New York Mellon stock right now? 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Bank of New York Mellon in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BK shares. Does Bank of New York Mellon's stock price have much downside? According to analysts, Bank of New York Mellon's stock has a predicted downside of -1.80% based on their 12-month stock forecasts. Has Bank of New York Mellon been upgraded by Wall Street analysts recently? Over the previous 90 days, Bank of New York Mellon's stock had 1 upgrade by analysts. What analysts cover Bank of New York Mellon? Bank of New York Mellon has been rated by research analysts at Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days. Do Wall Street analysts like Bank of New York Mellon more than its competitors? 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. Stock Forecasts and Research Tools Related Companies BLK Stock Forecast AMP Stock Forecast STT Stock Forecast TROW Stock Forecast NTRS Stock Forecast ARCC Stock Forecast BEN Stock Forecast SEIC Stock Forecast IVZ Stock Forecast AMG Stock Forecast Today's Ratings U.S. Ratings U.K. Ratings Canadian Ratings All Upgrades All Downgrades All Initiations All Price Target Changes Top Rated Stocks Top Rated Stocks Top Rated Dividend Stocks Top Rated Small-Cap Stocks Top Rated Tech Stocks Most Upgraded Stocks Most Downgraded Stocks Lowest Rated Stocks More Ratings Tools Stock Ratings by Issuer Top-Rated Analysts Top-Rated Brokerages Stock Ratings Screener Free Ratings Newsletter Trump’s EPIC Stock Market Rally (Ad)Putting HUGE gain chances in the hands of hardworking, patriotic Americans like YOU. In fact, according to Jim, getting in now could turn $10,000 into as much as $265,000 by Inauguration Day.Play this epic Trump rally for every dollar of profit possible. 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