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

→ The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad)

$56.29

+1.04 (+1.88%)

(As of 04/19/2024 ET)

Bank of New York Mellon Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 9 Analyst Ratings

Analysts' Consensus Price Target

$60.06
6.69% Upside

High Forecast	$68.00
Average Forecast	$60.06
Low Forecast	$44.00

Type	Current Forecast 4/21/23 to 4/20/24	1 Month Ago 3/22/23 to 3/21/24	3 Months Ago 1/21/23 to 1/21/24	1 Year Ago 4/21/22 to 4/21/23
Consensus Rating	Moderate Buy	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)	6 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$60.06	$54.75	$52.35	$51.61
Predicted Upside	6.69% Upside	13.52% Upside	12.72% Upside	15.79% Upside

Get Bank of New York Mellon Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for BK and its competitors with MarketBeat's FREE daily newsletter.

Ad Banyan Hill Publishing

The Best AI Stock to Own in the World Today is Trading for Just $25

“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.

See how you can invest alongside him

BK Analyst Ratings 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	2.56	2.45	2.49
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	6.69% Upside	59.30% Upside	11.92% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
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%
4/4/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	In-Line ➝ In-Line	$57.00 ➝ $61.00	+5.17%
3/27/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Perform ➝ Sector Perform	$58.00	+2.17%
2/14/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$60.00 ➝ $65.00	+19.53%
1/30/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight	$52.00 ➝ $62.00	+10.91%
1/9/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$54.00 ➝ $62.00	+17.14%
12/18/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$54.50	+5.56%
10/11/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$45.00 ➝ $44.00	+4.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:52 AM ET.

BK Price Target - Frequently Asked Questions

What is Bank of New York Mellon's consensus rating and price target?: According to the issued ratings of 9 analysts in the last year, the consensus rating for Bank of New York Mellon stock is Moderate Buy based on the current 4 hold ratings and 5 buy ratings for BK. The average twelve-month price prediction for Bank of New York Mellon is $60.06 with a high price target of $68.00 and a low price target of $44.00. Learn more on BK's analyst rating history.
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.
Is Bank of New York Mellon being upgraded by Wall Street analysts?: Over the previous 90 days, Bank of New York Mellon's stock had 1 upgrade by analysts.

Does Bank of New York Mellon's stock price have much upside?: According to analysts, Bank of New York Mellon's stock has a predicted upside of 12.18% based on their 12-month stock forecasts.
What analysts cover Bank of New York Mellon?: Bank of New York Mellon has been rated by Bank of America, Citigroup, Evercore ISI, Jefferies Financial Group, Morgan Stanley, and Royal Bank of Canada in the past 90 days.

Stock Ratings Reports and Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

This page (NYSE:BK) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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

Bank of New York Mellon Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

BK Analyst Ratings By Month

BK Price Targets by Month

Bank of New York Mellon Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

BK Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info