Bank of New York Mellon - BK Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $60.06
  • Forecasted Upside: 6.69%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$56.29
▲ +1.04 (1.88%)

This chart shows the closing price for BK by one month, three months, or twelve months.

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Analyst Price Target for BK

Analyst Price Target is $60.06
▲ +6.69% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Bank of New York Mellon in the last 3 months. The average price target is $60.06, with a high forecast of $68.00 and a low forecast of $44.00. The average price target represents a 6.69% upside from the last price of $56.29.

This chart shows the closing price for BK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 9 polled investment analysts is to moderate buy stock in Bank of New York Mellon. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/27/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/25/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/25/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/24/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/22/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/20/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/20/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/18/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$67.00 ➝ $68.00Low
4/17/2024Bank of AmericaBoost TargetBuy ➝ Buy$64.00 ➝ $66.00Low
4/4/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$57.00 ➝ $61.00Low
3/27/2024Royal Bank of CanadaReiterated RatingSector Perform ➝ Sector Perform$58.00Low
2/14/2024CitigroupBoost TargetBuy ➝ Buy$60.00 ➝ $65.00Low
1/30/2024Morgan StanleyUpgradeUnderweight ➝ Equal Weight$52.00 ➝ $62.00Low
1/9/2024UBS GroupBoost TargetBuy ➝ Buy$54.00 ➝ $62.00Low
12/18/2023JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$54.50Low
12/1/2023Morgan StanleyBoost TargetUnderweight ➝ Underweight$46.00 ➝ $48.00Low
10/11/2023Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$45.00 ➝ $44.00Low
10/10/2023Bank of AmericaLower Target$55.00 ➝ $53.00Low
10/5/2023Evercore ISILower Target$47.00 ➝ $45.00Low
10/3/2023Morgan StanleyLower TargetUnderweight ➝ Underweight$48.00 ➝ $46.00Low
9/15/2023Morgan StanleyLower TargetUnderweight ➝ Underweight$49.00 ➝ $48.00Low
7/19/2023Deutsche Bank AktiengesellschaftBoost Target$43.00 ➝ $44.00Low
7/19/2023CitigroupLower Target$58.00 ➝ $55.00Low
6/14/2023CitigroupBoost Target$55.00 ➝ $58.00Low
5/12/2023Evercore ISILower Target$49.00 ➝ $46.00Low
4/19/2023Wells Fargo & CompanyLower TargetEqual Weight$52.00 ➝ $51.00Low
4/19/2023Morgan StanleyBoost TargetUnderweight$46.00 ➝ $47.00Low
4/19/2023Deutsche Bank AktiengesellschaftLower Target$42.00 ➝ $41.00Low
4/19/2023Royal Bank of CanadaBoost TargetSector Perform$44.00 ➝ $49.00Low
4/12/2023BarclaysLower Target$64.00 ➝ $62.00Low
4/5/2023Evercore ISILower TargetIn-Line$53.00 ➝ $46.00Low
4/3/2023Wells Fargo & CompanyLower TargetEqual Weight$53.00 ➝ $52.00Low
4/3/2023Morgan StanleyLower TargetUnderweight$49.00 ➝ $46.00Low
3/24/2023Royal Bank of CanadaLower TargetSector Perform$49.00 ➝ $44.00Low
2/1/2023Morgan StanleyBoost TargetUnderweight$47.00 ➝ $49.00Low
1/17/2023Morgan StanleyBoost TargetUnderweight$44.00 ➝ $47.00Low
1/12/2023Bank of AmericaInitiated CoverageBuy ➝ Buy$56.00Low
1/4/2023The Goldman Sachs GroupUpgradeNeutral ➝ Buy$59.00Low
1/4/2023Wolfe ResearchUpgradePeer Perform ➝ Outperform$60.00Low
1/3/2023BarclaysBoost TargetOverweight$57.00 ➝ $64.00Low
12/9/2022CitigroupBoost Target$50.00 ➝ $55.00Low
12/6/2022Morgan StanleyDowngradeEqual Weight ➝ UnderweightLow
12/1/2022Morgan StanleyBoost TargetEqual Weight ➝ Underweight$41.00 ➝ $42.00Low
11/15/2022Deutsche Bank AktiengesellschaftBoost TargetHold$43.00 ➝ $44.00Low
10/20/2022BarclaysLower Target$57.00Low
10/18/2022Deutsche Bank AktiengesellschaftBoost Target$41.00 ➝ $43.00Low
10/18/2022CitigroupBoost TargetBuy$46.00 ➝ $50.00Low
10/12/2022Deutsche Bank AktiengesellschaftLower TargetHold$44.00 ➝ $41.00Low
10/4/2022Morgan StanleyLower TargetEqual Weight$45.00 ➝ $41.00Low
10/4/2022CitigroupUpgradeNeutral ➝ Buy$46.00Low
9/27/2022Deutsche Bank AktiengesellschaftLower TargetHold$46.00 ➝ $44.00Low
8/12/2022Deutsche Bank AktiengesellschaftBoost TargetHold$42.00 ➝ $46.00Low
7/19/2022BarclaysSet Target$61.00N/A
7/19/2022Credit Suisse GroupLower TargetOutperform$52.00 ➝ $50.00Low
7/18/2022Deutsche Bank AktiengesellschaftLower Target$43.00 ➝ $42.00Low
7/12/2022CitigroupLower Target$50.00 ➝ $46.00Low
7/11/2022UBS GroupLower Target$56.00 ➝ $52.00N/A
7/11/2022JPMorgan Chase & Co.Lower Target$51.50 ➝ $46.50N/A
7/6/2022Morgan StanleyLower TargetEqual Weight$53.00 ➝ $45.00N/A
7/1/2022Wells Fargo & CompanyLower TargetEqual Weight$57.00 ➝ $46.00Low
7/1/2022Royal Bank of CanadaLower TargetSector Perform$56.00 ➝ $49.00Low
6/29/2022The Goldman Sachs GroupLower TargetNeutral$51.50 ➝ $45.00Low
6/28/2022Deutsche Bank AktiengesellschaftLower TargetHold$45.00 ➝ $43.00Low
6/24/2022Piper SandlerLower TargetNeutral$54.00 ➝ $48.00Low
6/2/2022Morgan StanleyLower TargetEqual Weight$55.00 ➝ $53.00Medium
5/19/2022Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$54.00 ➝ $45.00Medium
4/27/2022JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$59.00 ➝ $51.50Medium
4/19/2022The Goldman Sachs GroupLower TargetNeutral$60.00 ➝ $51.50Low
4/19/2022Morgan StanleyLower TargetEqual Weight$58.00 ➝ $55.00Low
4/19/2022Royal Bank of CanadaLower TargetSector Perform$60.00 ➝ $56.00Low
4/19/2022BarclaysLower TargetOverweight$74.00 ➝ $68.00Low
4/19/2022Deutsche Bank AktiengesellschaftLower TargetBuy$62.00 ➝ $54.00Low
4/11/2022CitigroupDowngradeBuy ➝ Neutral$70.00 ➝ $50.00Low
4/7/2022Deutsche Bank AktiengesellschaftLower Target$74.00 ➝ $62.00Low
3/31/2022Wolfe ResearchDowngradeOutperform ➝ Peer Perform$55.00High
3/30/2022The Goldman Sachs GroupDowngradeBuy ➝ Neutral$68.00 ➝ $60.00Medium
3/28/2022Morgan StanleyUpgradeUnderweight ➝ Equal Weight$65.00 ➝ $58.00Medium
3/22/2022Wells Fargo & CompanyLower TargetEqual Weight$70.00 ➝ $63.00Low
3/21/2022Credit Suisse GroupLower TargetOutperform$66.00 ➝ $63.00Low
2/18/2022Deutsche Bank AktiengesellschaftLower TargetBuy$76.00 ➝ $74.00High
2/7/2022Morgan StanleyBoost TargetUnderweight$63.00 ➝ $65.00Low
1/19/2022Wells Fargo & CompanyBoost Target$62.00 ➝ $70.00High
1/11/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$66.00 ➝ $70.00Low
1/3/2022BarclaysBoost Target$62.00 ➝ $74.00High
12/16/2021JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$62.50 ➝ $67.00High
12/6/2021Morgan StanleyDowngradeEqual Weight ➝ Underweight$56.00 ➝ $59.00Low
10/25/2021Wells Fargo & CompanyBoost TargetEqual Weight$57.00 ➝ $62.00Low
10/22/2021CitigroupBoost TargetBuy$60.00 ➝ $70.00Low
10/20/2021Credit Suisse GroupBoost TargetOutperform$56.00 ➝ $60.00Low
10/20/2021Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$49.00 ➝ $60.00High
10/20/2021The Goldman Sachs GroupBoost TargetBuy$56.00 ➝ $62.00High
10/20/2021BarclaysBoost TargetOverweight$57.00 ➝ $62.00High
9/15/2021CitigroupBoost TargetBuy$56.00 ➝ $60.00Medium
7/29/2021Morgan StanleyBoost TargetEqual Weight$46.00 ➝ $56.00Medium
7/20/2021ArgusUpgradeHold ➝ Buy$54.75 ➝ $55.00Medium
7/16/2021Credit Suisse GroupBoost TargetOutperform$54.00 ➝ $56.00High
7/2/2021Evercore ISIReiterated RatingHold$52.00High
6/18/2021Credit Suisse GroupBoost TargetOutperform$50.00 ➝ $54.00Medium
6/17/2021Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$59.00High
4/21/2021CitigroupLower Target$58.00 ➝ $56.00Low
4/19/2021Morgan StanleyLower TargetEqual Weight$50.00 ➝ $46.00Medium
4/9/2021Deutsche Bank AktiengesellschaftBoost TargetBuy$50.00 ➝ $54.00Low
4/7/2021BarclaysBoost TargetOverweight$55.00 ➝ $57.00Low
3/24/2021Bank of AmericaUpgradeUnderperform ➝ Buy$43.00 ➝ $50.00Low
1/21/2021Morgan StanleyLower TargetEqual Weight$51.00 ➝ $50.00Medium
1/21/2021Royal Bank of CanadaBoost TargetSector Perform$43.00 ➝ $49.00Medium
1/11/2021Smith Barney CitigroupUpgradeNeutral ➝ Buy$44.00 ➝ $57.00Medium
1/11/2021Piper SandlerBoost TargetNeutral$40.00 ➝ $47.00Medium
1/4/2021BarclaysBoost TargetOverweight$54.00 ➝ $59.00N/A
12/18/2020Deutsche Bank AktiengesellschaftBoost TargetBuy$46.00 ➝ $51.00Medium
12/11/2020Credit Suisse GroupBoost TargetOutperform$44.00 ➝ $48.00High
11/30/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$51.00Medium
11/20/2020Bank of AmericaDowngradeNeutral ➝ Underperform$42.00 ➝ $39.00Low
11/18/2020Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$47.00 ➝ $43.00Low
11/11/2020Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy$39.00 ➝ $46.00High
11/10/2020Smith Barney CitigroupDowngradeBuy ➝ NeutralLow
11/10/2020Morgan StanleyDowngradeBuy ➝ NeutralLow
10/19/2020Morgan StanleyBoost TargetUnderweight$38.00 ➝ $40.00Medium
10/6/2020UBS GroupLower TargetBuy$43.00 ➝ $41.00Low
10/5/2020Morgan StanleyLower TargetUnderweight$42.00 ➝ $38.00Low
9/1/2020Morgan StanleyBoost TargetUnderweight$41.00 ➝ $42.00Low
7/17/2020CitigroupLower TargetBuy$47.00 ➝ $45.00Medium
7/16/2020Morgan StanleyLower TargetUnderweight$42.00 ➝ $41.00Low
7/10/2020Bank of AmericaBoost TargetNeutral$40.00 ➝ $41.00Low
7/9/2020Deutsche Bank AktiengesellschaftLower TargetHold$41.00 ➝ $40.00High
7/8/2020Jefferies Financial GroupUpgradeHold ➝ Buy$40.00 ➝ $45.00High
6/11/2020Deutsche Bank AktiengesellschaftInitiated CoverageBuyMedium
6/5/2020Wells Fargo & CompanyBoost TargetEqual Weight$40.00 ➝ $47.00Low
6/1/2020Morgan StanleyBoost TargetUnderweight$40.00 ➝ $42.00Low
5/15/2020Deutsche Bank AktiengesellschaftLower TargetHold$38.00 ➝ $35.00Medium
4/19/2020Royal Bank of CanadaReiterated RatingHoldMedium
4/19/2020Evercore ISIUpgradeUnderperform ➝ In-LineMedium
4/19/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ NeutralMedium
4/17/2020Morgan StanleyBoost TargetUnderweight$38.00 ➝ $40.00Low
4/17/2020Deutsche Bank AktiengesellschaftBoost TargetHold$37.00 ➝ $38.00Low
4/9/2020Deutsche Bank AktiengesellschaftBoost TargetHold$34.00 ➝ $37.00Low
4/9/2020BarclaysReiterated RatingBuy$54.00High
4/9/2020JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$47.00 ➝ $41.50High
4/8/2020Royal Bank of CanadaReiterated RatingHold$43.00High
4/6/2020UBS GroupLower TargetBuy$56.00 ➝ $45.00Medium
4/1/2020Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$49.00Medium
3/30/2020Credit Suisse GroupLower TargetOutperform$54.00 ➝ $44.00Medium
3/24/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$49.00 ➝ $39.00High
3/23/2020Bank of AmericaLower TargetNeutral$36.00 ➝ $30.00Medium
3/18/2020Deutsche Bank AktiengesellschaftLower TargetHold$43.00 ➝ $34.00Medium
3/16/2020Wells Fargo & CompanyLower TargetEqual Weight$51.00 ➝ $40.00High
3/16/2020CitigroupLower TargetBuy$53.00 ➝ $45.00Medium
3/5/2020Deutsche Bank AktiengesellschaftLower TargetHold$47.00 ➝ $43.00Medium
3/2/2020Morgan StanleyLower TargetUnderweight$48.00 ➝ $45.00High
1/21/2020CitigroupUpgradeNeutral ➝ Buy$55.00 ➝ $53.00Medium
1/21/2020Credit Suisse GroupUpgradeNeutral ➝ Outperform$54.00Low
1/20/2020Evercore ISIReiterated RatingSell$49.00Medium
1/20/2020Royal Bank of CanadaReiterated RatingHold$52.00Medium
1/17/2020Buckingham ResearchLower TargetNeutral$56.00 ➝ $53.00High
1/17/2020Morgan StanleyLower TargetUnderweight$54.00 ➝ $51.00High
1/6/2020Wolfe ResearchUpgradePeer Perform ➝ OutperformN/A
12/23/2019Standpoint ResearchInitiated CoverageAccumulateLow
12/23/2019Morgan StanleyBoost TargetUnderweight$51.00 ➝ $53.00Low
12/19/2019Deutsche Bank AktiengesellschaftLower TargetHold$54.00 ➝ $53.00Low
12/17/2019UBS GroupBoost TargetBuy$55.00 ➝ $58.00High
12/16/2019CitigroupBoost TargetNeutral$45.00 ➝ $55.00Low
11/27/2019Deutsche Bank AktiengesellschaftBoost TargetHold$53.00 ➝ $54.00Low
11/11/2019UBS GroupUpgradeNeutral ➝ Buy$46.00 ➝ $55.00Low
10/18/2019Credit Suisse GroupBoost TargetNeutral$46.00 ➝ $48.00Medium
10/10/2019JPMorgan Chase & Co.Lower TargetUnderweight$47.00 ➝ $45.00Low
10/4/2019Morgan StanleyLower TargetUnderweight$42.00 ➝ $40.00Medium
10/2/2019Wolfe ResearchUpgradeUnderperform ➝ Peer PerformMedium
9/17/2019Morgan StanleyBoost TargetUnderweight$41.00 ➝ $42.00Medium
8/21/2019Deutsche Bank AktiengesellschaftLower TargetHold$47.00 ➝ $45.00Low
8/9/2019Morgan StanleySet TargetSell$41.00Medium
7/18/2019Buckingham ResearchLower TargetNeutral$53.00 ➝ $50.00Medium
7/18/2019Keefe, Bruyette & WoodsUpgradeUnderperform ➝ Market Perform$46.00 ➝ $47.00Medium
7/9/2019JPMorgan Chase & Co.Lower TargetUnderweight$50.00 ➝ $49.00Low
7/8/2019Morgan StanleyDowngradeOverweight ➝ UnderweightMedium
6/26/2019UBS GroupLower TargetNeutral$49.00 ➝ $45.00Low
6/18/2019Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold$50.00 ➝ $44.00High
6/5/2019Morgan StanleyLower TargetOverweight$54.00 ➝ $50.00Low
(Data available from 4/19/2019 forward)

News Sentiment Rating

0.65 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 22 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
9/22/2023
  • 26 very positive mentions
  • 19 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/22/2023
  • 10 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
11/21/2023
  • 27 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/21/2023
  • 33 very positive mentions
  • 18 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
1/20/2024
  • 33 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/19/2024
  • 30 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/20/2024
  • 25 very positive mentions
  • 44 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/19/2024

Current Sentiment

  • 25 very positive mentions
  • 44 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Bank of New York Mellon logo
The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics. This segment also provides trustee, paying agency, fiduciary, escrow and other financial, issuer, and support services for brokers and investors. The Market and Wealth Services segment offers clearing and custody, investment, wealth and retirement solutions, technology and enterprise data management, trading, and prime brokerage services. This segment also provides integrated cash management solutions, including payments, foreign exchange, liquidity management, receivables processing and payables management, and trade finance and processing services. The Investment and Wealth Management segment offers investment management strategies and distribution of investment products, investment management, custody, wealth and estate planning, private banking, investment, and information management services. The Other segment engages in the provision of leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit services. It serves central banks and sovereigns, financial institutions, asset managers, insurance companies, corporations, local authorities and high net-worth individuals, and family offices. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.
Read More

Today's Range

Now: $56.29
Low: $55.42
High: $56.41

50 Day Range

MA: $55.76
Low: $53.89
High: $57.66

52 Week Range

Now: $56.29
Low: $39.65
High: $58.28

Volume

4,420,149 shs

Average Volume

4,025,041 shs

Market Capitalization

$42.38 billion

P/E Ratio

13.73

Dividend Yield

3.08%

Beta

1.12

Frequently Asked Questions

What sell-side analysts currently cover shares of Bank of New York Mellon?

The following equities research analysts have issued reports on Bank of New York Mellon in the last twelve months: Bank of America Co., Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, Jefferies Financial Group Inc., JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, StockNews.com, UBS Group AG, and Wells Fargo & Company.
View the latest analyst ratings for BK.

What is the current price target for Bank of New York Mellon?

9 Wall Street analysts have set twelve-month price targets for Bank of New York Mellon in the last year. Their average twelve-month price target is $60.06, suggesting a possible upside of 7.0%. Jefferies Financial Group Inc. has the highest price target set, predicting BK will reach $68.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $44.00 for Bank of New York Mellon in the next year.
View the latest price targets for BK.

What is the current consensus analyst rating for Bank of New York Mellon?

Bank of New York Mellon currently has 4 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for BK.

What other companies compete with Bank of New York Mellon?

How do I contact Bank of New York Mellon's investor relations team?

Bank of New York Mellon's physical mailing address is 240 GREENWICH STREET, NEW YORK NY, 10286. The bank's listed phone number is (212) 495-1784 and its investor relations email address is [email protected]. The official website for Bank of New York Mellon is www.bnymellon.com. Learn More about contacing Bank of New York Mellon investor relations.