$55.25
0.79[1.45%]
At close: Apr 18
$55.25
0[0.00%]
After Hours: 4:45PM EDT
Bank of New York Mellon
(NYSE:BK)Bank of New York Mellon Stock (NYSE:BK), Analyst Ratings, Price Targets, Predictions
Bank of New York Mellon Corp has a consensus price target of $57.79, established from looking at the 75 latest analyst ratings. The last 3 analyst ratings were released from Jefferies, B of A Securities, and Evercore ISI Group on April 18, 2024, April 17, 2024, and April 4, 2024. With an average price target of $65 between Jefferies, B of A Securities, and Evercore ISI Group, there's an implied 17.65% upside for Bank of New York Mellon Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Jefferies
B of A Securities
Evercore ISI Group
RBC Capital
Citigroup
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Bank of New York Mellon
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/18/2024 | BK | Buy Now | Bank of New York Mellon | $55.25 | 23.08% | Jefferies | Ken Usdin | $67 → $68 | Maintains | Buy | Get Alert |
| 04/17/2024 | BK | Buy Now | Bank of New York Mellon | $55.25 | 19.46% | B of A Securities | Ebrahim Poonawala | $64 → $66 | Maintains | Buy | Get Alert |
| 04/04/2024 | BK | Buy Now | Bank of New York Mellon | $55.25 | 10.41% | Evercore ISI Group | Glenn Schorr | $57 → $61 | Maintains | In-Line | Get Alert |
| 03/27/2024 | BK | Buy Now | Bank of New York Mellon | $55.25 | 4.98% | RBC Capital | Gerard Cassidy | → $58 | Reiterates | Sector Perform → Sector Perform | Get Alert |
| 02/14/2024 | BK | Buy Now | Bank of New York Mellon | $55.25 | 17.65% | Citigroup | Keith Horowitz | $60 → $65 | Maintains | Buy | Get Alert |
| 01/30/2024 | BK | Buy Now | Bank of New York Mellon | $55.25 | 12.22% | Morgan Stanley | Betsy Graseck | $52 → $62 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 01/09/2024 | BK | Buy Now | Bank of New York Mellon | $55.25 | 12.22% | UBS | Brennan Hawken | $54 → $62 | Maintains | Buy | Get Alert |
| 12/18/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -1.36% | JP Morgan | Vivek Juneja | → $54.5 | Upgrade | Neutral → Overweight | Get Alert |
| 12/01/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -13.12% | Morgan Stanley | Betsy Graseck | $46 → $48 | Maintains | Underweight | Get Alert |
| 10/11/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -20.36% | Deutsche Bank | Brian Bedell | $45 → $44 | Maintains | Hold | Get Alert |
| 10/03/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -16.74% | Morgan Stanley | Betsy Graseck | $48 → $46 | Maintains | Underweight | Get Alert |
| 09/15/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -13.12% | Morgan Stanley | Betsy Graseck | $49 → $48 | Maintains | Underweight | Get Alert |
| 07/19/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -11.31% | Morgan Stanley | Betsy Graseck | $49 → $49 | Reiterates | Underweight → Underweight | Get Alert |
| 07/19/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -0.45% | Citigroup | Keith Horowitz | $58 → $55 | Maintains | Buy | Get Alert |
| 07/05/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -11.31% | Morgan Stanley | Betsy Graseck | $49 → $49 | Reiterates | Underweight → Underweight | Get Alert |
| 06/16/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -11.31% | Morgan Stanley | Betsy Graseck | $48 → $49 | Maintains | Underweight | Get Alert |
| 06/14/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | 4.98% | Citigroup | Keith Horowitz | $55 → $58 | Maintains | Buy | Get Alert |
| 06/01/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -13.12% | Morgan Stanley | Betsy Graseck | $47 → $48 | Maintains | Underweight | Get Alert |
| 05/12/2023 | BK | Buy Now | Bank of New York Mellon | $55.25 | -16.74% | Evercore ISI Group | Glenn Schorr | $49 → $46 | Maintains | In-Line | Get Alert |
FAQ
What is the target price for Bank of New York Mellon (BK)?
The latest price target for Bank of New York Mellon (NYSE: BK) was reported by Jefferies on April 18, 2024. The analyst firm set a price target for $68.00 expecting BK to rise to within 12 months (a possible 23.08% upside). 19 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Bank of New York Mellon (BK)?
The latest analyst rating for Bank of New York Mellon (NYSE: BK) was provided by Jefferies, and Bank of New York Mellon maintained their buy rating.
When was the last upgrade for Bank of New York Mellon (BK)?
The last upgrade for Bank of New York Mellon Corp happened on January 30, 2024 when Morgan Stanley raised their price target to $62. Morgan Stanley previously had an underweight for Bank of New York Mellon Corp.
When was the last downgrade for Bank of New York Mellon (BK)?
The last downgrade for Bank of New York Mellon Corp happened on December 6, 2022 when Morgan Stanley changed their price target from N/A to $42 for Bank of New York Mellon Corp.
When is the next analyst rating going to be posted or updated for Bank of New York Mellon (BK)?
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 April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
Is the Analyst Rating Bank of New York Mellon (BK) correct?
While ratings are subjective and will change, the latest Bank of New York Mellon (BK) rating was a maintained with a price target of $67.00 to $68.00. The current price Bank of New York Mellon (BK) is trading at is $55.25, which is out of the analyst’s predicted range.
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