Bank of New York Mellon Corporation (BK)
NYSE:BK

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

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See the Price Targets and Ratings of:

BK Analyst Ratings

Moderate Buy
9Ratings
4 Buy
5 Hold
0 Sell
Based on 9 analysts giving stock ratings to
Bank
of New York Mellon Corporation
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

BK Stock 12 Months Forecast

Average Price Target

$47.67
▲(5.42% Upside)
Based on 9 Wall Street analysts offering 12 month price targets for Bank of New York Mellon Corporation in the last 3 months. The average price target is $47.67 with a high forecast of $57.00 and a low forecast of $42.00. The average price target represents a 5.42% change from the last price of $45.22.
Highest Price Target$57.00Average Price Target$47.67Lowest Price Target$42.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Argus Research
$63.00
Buy
39.32%
Upside
Reiterated
Bank of New York Mellon (BK) PT Lowered to $63 at ArgusArgus analyst Stephen Biggar lowered the price target on Bank of New York Mellon (NYSE: BK) to $63.00 (from $68.00) while maintaining a Buy rating.
Credit Suisse
$50.00
Buy
10.57%
Upside
Reiterated
Credit Suisse Thinks Bank of New York Mellon Corporation's Stock is Going to Recover
Wells Fargo
$46.00
Hold
1.72%
Upside
Reiterated
Wells Fargo Remains a Hold on Bank of New York Mellon Corporation (BK)
Piper Sandler
$48.00
Hold
6.15%
Upside
Reiterated
Piper Sandler Maintains Neutral on Bank of New York Mellon, Lowers Price Target to $48
Seaport Global
$65.00
Buy
43.74%
Upside
Reiterated
Bank of New York Mellon (BK) PT Lowered to $65 at Seaport Global SecuritiesSeaport Global Securities analyst Jim Mitchell lowered the price target on Bank of New York Mellon (NYSE: BK) to $65.00 (from $72.00) while maintaining a Buy rating.
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BK Financial Forecast

BK Earnings Forecast
Next quarter’s earnings estimate for BK is $1.22 with a range of $1.06 to $1.72. The previous quarter’s EPS was $0.39. BK beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.60% of the time in the same period. In the last calendar year BK has Underperformed its overall industry.
Next quarter’s earnings estimate for BK is $1.22 with a range of $1.06 to $1.72. The previous quarter’s EPS was $0.39. BK beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.60% of the time in the same period. In the last calendar year BK has Underperformed its overall industry.
BK Sales Forecast
Next quarter’s sales forecast for BK is $4.27B with a range of $4.16B to $4.76B. The previous quarter’s sales results were $5.31B. BK beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 77.91% of the time in the same period. In the last calendar year BK has Outperformed its overall industry.
Next quarter’s sales forecast for BK is $4.27B with a range of $4.16B to $4.76B. The previous quarter’s sales results were $5.31B. BK beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 77.91% of the time in the same period. In the last calendar year BK has Outperformed its overall industry.
BK Analyst Recommendation Trends
In the current month, BK has received 0 Buy ratings 1 Hold ratings, and 0 Sell ratings. The BK average analyst price target in the past 3 months is $47.67
In the current month, BK has received 0 Buy ratings 1 Hold ratings, and 0 Sell ratings. The BK average analyst price target in the past 3 months is $47.67

BK Stock Forecast FAQ

What is BK’s average 12-month price target, according to analysts?
Based on analyst ratings, Bank of New York Mellon Corporation’s 12-month average price target is $47.67.
    What is BK’s upside potential, based on the analysts’ average price target?
    Bank of New York Mellon Corporation has 5.42% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is BK a Buy, Sell or Hold?
          Bank of New York Mellon Corporation has a conensus rating of Moderate Buy which is based on 4 buy ratings, 5 hold ratings and 0 sell ratings.
            What is Bank of New York Mellon Corporation’s price target?
            The average price target for Bank of New York Mellon Corporation is $47.67. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $57.00 ,the lowest forecast is $42.00. The average price target represents 5.42% Increase from the current price of $45.22.
              What do analysts say about Bank of New York Mellon Corporation?
              Bank of New York Mellon Corporation’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.

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