Comments
Loading...

Bank of New York Mellon

BKNYSE
Logo brought to you by Benzinga Data
$72.71
0.891.24%
Last update: 10:57 AM
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$80.00
Lowest Price Target1
$46.00
Consensus Price Target1
$62.03

Bank of New York Mellon (NYSE:BK) Stock, Analyst Ratings, Price Targets, Forecasts

Bank of New York Mellon Corp has a consensus price target of $62.03 based on the ratings of 19 analysts. The high is $80 issued by Deutsche Bank on September 23, 2024. The low is $46 issued by Morgan Stanley on April 3, 2023. The 3 most-recent analyst ratings were released by Deutsche Bank, Citigroup, and Deutsche Bank on September 23, 2024, September 19, 2024, and August 15, 2024, respectively. With an average price target of $72 between Deutsche Bank, Citigroup, and Deutsche Bank, there's an implied -0.98% downside for Bank of New York Mellon Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
2
3
Jul
0
0
0
0
Aug
1
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.9
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Deutsche Bank
Citigroup
Morgan Stanley
Evercore ISI Group
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for Bank of New York Mellon

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Bank of New York Mellon (BK) stock?

A

The latest price target for Bank of New York Mellon (NYSE:BK) was reported by Deutsche Bank on September 23, 2024. The analyst firm set a price target for $80.00 expecting BK to rise to within 12 months (a possible 10.03% upside). 23 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Bank of New York Mellon (BK)?

A

The latest analyst rating for Bank of New York Mellon (NYSE:BK) was provided by Deutsche Bank, and Bank of New York Mellon upgraded their buy rating.

Q

When was the last upgrade for Bank of New York Mellon (BK)?

A

The last upgrade for Bank of New York Mellon Corp happened on September 23, 2024 when Deutsche Bank raised their price target to $80. Deutsche Bank previously had a hold for Bank of New York Mellon Corp.

Q

When was the last downgrade for Bank of New York Mellon (BK)?

A

The last downgrade for Bank of New York Mellon Corp happened on July 15, 2024 when Citigroup changed their price target from $65 to $65 for Bank of New York Mellon Corp.

Q

When is the next analyst rating going to be posted or updated for Bank of New York Mellon (BK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bank of New York Mellon, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bank of New York Mellon was filed on September 23, 2024 so you should expect the next rating to be made available sometime around September 23, 2025.

Q

Is the Analyst Rating Bank of New York Mellon (BK) correct?

A

While ratings are subjective and will change, the latest Bank of New York Mellon (BK) rating was a upgraded with a price target of $66.00 to $80.00. The current price Bank of New York Mellon (BK) is trading at is $72.71, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch