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

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 12.53% upside). 17 analyst firms have reported ratings in the last year.

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.

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.

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.

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.

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 $60.43, which is out of the analyst’s predicted range.