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

Bank of New York Mellon logo
$80.51 -0.98 (-1.20%)
(As of 05:45 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

Sell
0
Hold
5
Buy
8

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

$79.77
-0.92% Downside
According to the 13 analysts' twelve-month price targets for Bank of New York Mellon, the average price target is $79.77. 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 downside of -0.92% from the current price of $80.51.
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BK Analyst Ratings Over Time

TypeCurrent Forecast
12/7/23 to 12/6/24
1 Month Ago
11/7/23 to 11/6/24
3 Months Ago
9/8/23 to 9/7/24
1 Year Ago
12/7/22 to 12/7/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 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$79.77$76.69$66.14$52.60
Forecasted Upside-0.92% Downside-1.95% Downside-0.41% Downside8.61% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

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.
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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.
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Bank of New York Mellon Stock vs. The Competition

TypeBank of New York MellonFinance CompaniesS&P 500
Consensus Rating Score
2.62
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-2.11% Downside8.16% Upside8.20% Upside
News Sentiment Rating
Positive News

See Recent BK News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/3/2024Keefe, Bruyette & Woods
4 of 5 stars
D. Konrad
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Boost TargetOutperform ➝ Outperform$87.00 ➝ $96.00+18.36%
11/25/2024Citigroup
3 of 5 stars
K. Horowitz
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Boost TargetNeutral ➝ Neutral$75.00 ➝ $82.00+1.21%
11/15/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$79.00 ➝ $81.00+4.41%
11/11/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$82.00 ➝ $85.00+7.70%
10/14/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$79.00 ➝ $79.00+4.36%
10/14/2024Barclays
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 Boost TargetOverweight ➝ Overweight$75.00 ➝ $86.00+14.03%
10/14/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$66.00 ➝ $77.00+3.56%
10/8/2024UBS Group
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 Boost TargetBuy ➝ Buy$73.00 ➝ $82.00+12.44%
10/7/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$69.00 ➝ $77.00+6.54%
9/30/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$72.00 ➝ $78.00+9.24%
9/26/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$74.00 ➝ $80.00+10.85%
4/18/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$67.00 ➝ $68.00+22.97%
4/17/2024Bank of America
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 Boost TargetBuy ➝ Buy$64.00 ➝ $66.00+20.88%
1/4/2023Wolfe Research
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 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 Friday at 06:09 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 Monday, November 25, 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

green Wall Street bull icon

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 analysts' expectations of $1.41, indicating strong financial performance and effective management.
  • The company has a solid revenue stream, with reported revenues of $4.65 billion for the latest quarter, surpassing forecasts of $4.52 billion, showcasing its ability to generate income.
  • With a current stock price around $76.47, the shares are positioned well within a 52-week range of $46.81 to $81.62, suggesting potential for growth as the stock approaches its high.
  • The recent quarterly dividend of $0.47 per share reflects a commitment to returning value to shareholders, with an annualized dividend yield of 2.31%, which can be attractive for income-focused investors.
  • The Bank of New York Mellon Co. has a return on equity of 12.06%, indicating efficient use of equity capital to generate profits, which is a positive sign for potential investors.

Bank of New York Mellon
Bear Case

red Wall Street bear icon

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.
  • With a current ratio of 0.70 and a quick ratio of 0.70, The Bank of New York Mellon Co. may face liquidity challenges, suggesting it might struggle to cover short-term liabilities with its current assets.
  • Corporate insiders own only 0.14% of the company's stock, which may indicate a lack of confidence from those closest to the company regarding its future performance.
  • The recent decrease in ownership stakes by executives, such as a 24.90% reduction by EVP J Kevin McCarthy, could signal potential concerns about the company's future prospects.
  • The stock has experienced a 9.47% decrease in ownership by a vice president, which may raise questions about insider sentiment and the company's stability.

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 $79.77, with a high forecast of $96.00 and a low forecast of $66.00.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of New York Mellon in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BK shares.

According to analysts, Bank of New York Mellon's stock has a predicted downside of -0.92% based on their 12-month stock forecasts.

Over the previous 90 days, Bank of New York Mellon's stock had 1 upgrade by analysts.

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.


This page (NYSE:BK) was last updated on 12/6/2024 by MarketBeat.com Staff
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