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Bank of New York Mellon

BKNYSE
$63.00
0.781.25%
Last update: Jul 19, 4:23 PM
15 minutes delayed
The dividend Ex-Date is today
Consensus Rating1
Buy
Highest Price Target1
$75.00
Lowest Price Target1
$46.00
Consensus Price Target1
$60.55

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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 $60.55 based on the ratings of 21 analysts. The high is $75 issued by Keefe, Bruyette & Woods on July 15, 2024. The low is $46 issued by Morgan Stanley on April 3, 2023. The 3 most-recent analyst ratings were released by Deutsche Bank, Evercore ISI Group, and Keefe, Bruyette & Woods on July 15, 2024, respectively. With an average price target of $68 between Deutsche Bank, Evercore ISI Group, and Keefe, Bruyette & Woods, there's an implied 7.93% upside for Bank of New York Mellon Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
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3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

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

1calculated from analyst ratings

Analyst Ratings for Bank of New York Mellon

Buy NowGet Alert
07/15/2024Buy Now-0.01%Deutsche Bank
Brian Bedell
$61 → $63MaintainsHoldGet Alert
07/15/2024Buy Now4.75%Evercore ISI Group
Glenn Schorr
$61 → $66MaintainsIn-LineGet Alert
07/15/2024Buy Now19.04%Keefe, Bruyette & Woods
David Konrad
$70 → $75ReiteratesOutperform → OutperformGet Alert
07/15/2024Buy Now19.04%Barclays
Jason Goldberg
$68 → $75MaintainsOverweightGet Alert
07/15/2024Buy Now3.17%Morgan Stanley
Betsy Graseck
$63 → $65MaintainsEqual-WeightGet Alert
07/15/2024Buy Now3.17%Citigroup
Keith Horowitz
$65 → $65DowngradeBuy → NeutralGet Alert
07/03/2024Buy Now-3.18%Evercore ISI Group
Glenn Schorr
$61 → $61MaintainsIn-LineGet Alert
06/27/2024Buy Now11.1%Keefe, Bruyette & Woods
David Konrad
$60 → $70UpgradeMarket Perform → OutperformGet Alert
04/18/2024Buy Now7.93%Jefferies
Ken Usdin
$67 → $68MaintainsBuyGet Alert
04/17/2024Buy Now4.75%B of A Securities
Ebrahim Poonawala
$64 → $66MaintainsBuyGet Alert
04/04/2024Buy Now-3.18%Evercore ISI Group
Glenn Schorr
$57 → $61MaintainsIn-LineGet Alert
03/27/2024Buy Now-7.94%RBC Capital
Gerard Cassidy
→ $58ReiteratesSector Perform → Sector PerformGet Alert
02/14/2024Buy Now3.17%Citigroup
Keith Horowitz
$60 → $65MaintainsBuyGet Alert
01/30/2024Buy Now-1.6%Morgan Stanley
Betsy Graseck
$52 → $62UpgradeUnderweight → Equal-WeightGet Alert
01/09/2024Buy Now-1.6%UBS
Brennan Hawken
$54 → $62MaintainsBuyGet Alert
12/18/2023Buy Now-13.5%JP Morgan
Vivek Juneja
→ $54.5UpgradeNeutral → OverweightGet Alert
12/01/2023Buy Now-23.82%Morgan Stanley
Betsy Graseck
$46 → $48MaintainsUnderweightGet Alert
10/11/2023Buy Now-30.16%Deutsche Bank
Brian Bedell
$45 → $44MaintainsHoldGet Alert
10/03/2023Buy Now-26.99%Morgan Stanley
Betsy Graseck
$48 → $46MaintainsUnderweightGet Alert
09/15/2023Buy Now-23.82%Morgan Stanley
Betsy Graseck
$49 → $48MaintainsUnderweightGet Alert
07/19/2023Buy Now-22.23%Morgan Stanley
Betsy Graseck
$49 → $49ReiteratesUnderweight → UnderweightGet Alert
07/19/2023Buy Now-12.71%Citigroup
Keith Horowitz
$58 → $55MaintainsBuyGet Alert
07/05/2023Buy Now-22.23%Morgan Stanley
Betsy Graseck
$49 → $49ReiteratesUnderweight → UnderweightGet Alert
06/16/2023Buy Now-22.23%Morgan Stanley
Betsy Graseck
$48 → $49MaintainsUnderweightGet Alert
06/14/2023Buy Now-7.94%Citigroup
Keith Horowitz
$55 → $58MaintainsBuyGet Alert
06/01/2023Buy Now-23.82%Morgan Stanley
Betsy Graseck
$47 → $48MaintainsUnderweightGet Alert
05/12/2023Buy Now-26.99%Evercore ISI Group
Glenn Schorr
$49 → $46MaintainsIn-LineGet Alert
04/19/2023Buy Now-25.4%Morgan Stanley
Betsy Graseck
$46 → $47MaintainsUnderweightGet Alert
04/19/2023Buy Now-19.05%Wells Fargo
Whit Mayo
$52 → $51MaintainsEqual-WeightGet Alert
04/19/2023Buy Now-22.23%RBC Capital
Gerard Cassidy
$44 → $49MaintainsSector PerformGet Alert
04/05/2023Buy Now-26.99%Evercore ISI Group
Glenn Schorr
$53 → $46MaintainsIn-LineGet Alert
04/03/2023Buy Now-26.99%Morgan Stanley
Stephen Byrd
$49 → $46MaintainsUnderweightGet Alert
04/03/2023Buy Now-17.47%Wells Fargo
Whit Mayo
$53 → $52MaintainsEqual-WeightGet Alert
03/24/2023Buy Now-30.16%RBC Capital
Gerard Cassidy
$49 → $44MaintainsSector PerformGet Alert
02/01/2023Buy Now-22.23%Morgan Stanley
Betsy Graseck
$47 → $49MaintainsUnderweightGet Alert
01/17/2023Buy Now-25.4%Morgan Stanley
Betsy Graseck
$44 → $47MaintainsUnderweightGet Alert
01/12/2023Buy Now-11.12%B of A Securities
Ebrahim Poonawala
→ $56Reinstates → BuyGet Alert
01/04/2023Buy Now-6.36%Goldman Sachs
Alexander Blostein
→ $59UpgradeNeutral → BuyGet Alert
01/04/2023Buy Now-4.77%Wolfe Research
Steven Chubak
→ $60UpgradePeer Perform → OutperformGet Alert
01/03/2023Buy Now1.58%Barclays
Jason Goldberg
$57 → $64MaintainsOverweightGet Alert
12/06/2022Buy Now-33.34%Morgan Stanley
Betsy Graseck
→ $42DowngradeEqual-Weight → UnderweightGet Alert
12/01/2022Buy Now-33.34%Morgan Stanley
Betsy Graseck
$41 → $42MaintainsEqual-WeightGet Alert
11/15/2022Buy Now-30.16%Deutsche Bank
Brian Bedell
$43 → $44MaintainsHoldGet Alert
10/18/2022Buy Now-20.64%Citigroup
Keith Horowitz
$46 → $50MaintainsBuyGet Alert
10/12/2022Buy Now-34.93%Deutsche Bank
Brian Bedell
$44 → $41MaintainsHoldGet Alert
10/04/2022Buy Now-34.93%Morgan Stanley
Betsy Graseck
$45 → $41MaintainsEqual-WeightGet Alert
10/04/2022Buy NowCitigroup
Keith Horowitz
UpgradeNeutral → BuyGet Alert
09/27/2022Buy Now-30.16%Deutsche Bank
Brian Bedell
$46 → $44MaintainsHoldGet Alert
08/12/2022Buy Now-26.99%Deutsche Bank
Brian Bedell
$42 → $46MaintainsHoldGet Alert
07/19/2022Buy Now-20.64%Credit Suisse
Susan Roth Katzke
$52 → $50MaintainsOutperformGet Alert
07/06/2022Buy Now-28.58%Morgan Stanley
Betsy Graseck
$53 → $45MaintainsEqual-WeightGet Alert
07/01/2022Buy Now-26.99%Wells Fargo
Mike Mayo
$57 → $46MaintainsEqual-WeightGet Alert
07/01/2022Buy Now-22.23%RBC Capital
Gerard Cassidy
$56 → $49MaintainsSector PerformGet Alert
06/29/2022Buy Now-28.58%Goldman Sachs
Alexander Blostein
$51.5 → $45MaintainsNeutralGet Alert
06/28/2022Buy Now-31.75%Deutsche Bank
Brian Bedell
$45 → $43MaintainsHoldGet Alert
06/24/2022Buy Now-23.82%Piper Sandler
Jeffery Harte
$54 → $48MaintainsNeutralGet Alert
06/02/2022Buy Now-15.88%Morgan Stanley
Betsy Graseck
$55 → $53MaintainsEqual-WeightGet Alert
05/19/2022Buy Now-28.58%Deutsche Bank
Brian Bedell
$54 → $45DowngradeBuy → HoldGet Alert
04/27/2022Buy Now-18.26%JP Morgan
Vivek Juneja
$59 → $51.5DowngradeOverweight → NeutralGet Alert
04/19/2022Buy Now-18.26%Goldman Sachs
Alexander Blostein
$60 → $51.5MaintainsNeutralGet Alert
04/19/2022Buy Now-12.71%Morgan Stanley
Betsy Graseck
$58 → $55MaintainsEqual-WeightGet Alert
04/19/2022Buy Now-14.29%Deutsche Bank
Brian Bedell
$62 → $54MaintainsBuyGet Alert
04/19/2022Buy Now7.93%Barclays
Jason Goldberg
$74 → $68MaintainsOverweightGet Alert
04/19/2022Buy Now-11.12%RBC Capital
Gerard Cassidy
$60 → $56MaintainsSector PerformGet Alert
03/31/2022Buy Now-4.77%Goldman Sachs
Alexander Blostein
$68 → $60MaintainsNeutralGet Alert
03/31/2022Buy Now-12.71%Wolfe Research
Steven Chubak
→ $55DowngradeOutperform → Peer PerformGet Alert
03/28/2022Buy Now-7.94%Morgan Stanley
Betsy Graseck
$65 → $58UpgradeUnderweight → Equal-WeightGet Alert
03/22/2022Buy Now-0.01%Wells Fargo
Mike Mayo
$70 → $63MaintainsEqual-WeightGet Alert
03/21/2022Buy Now-0.01%Credit Suisse
Susan Roth Katzke
$66 → $63MaintainsOutperformGet Alert
02/18/2022Buy Now17.45%Deutsche Bank
Brian Bedell
$76 → $74MaintainsBuyGet Alert
02/07/2022Buy Now3.17%Morgan Stanley
Betsy Graseck
$63 → $65MaintainsUnderweightGet Alert
01/05/2022Buy Now14.28%Seaport Global
Jim Mitchell
$62 → $72MaintainsBuyGet Alert
12/16/2021Buy Now6.34%JP Morgan
Vivek Juneja
UpgradeNeutral → OverweightGet Alert
12/06/2021Buy Now-6.36%Morgan Stanley
Betsy Graseck
DowngradeEqual-Weight → UnderweightGet Alert
10/25/2021Buy Now-1.6%Wells Fargo
Mike Mayo
MaintainsEqual-WeightGet Alert
10/20/2021Buy Now-4.77%RBC Capital
Gerard Cassidy
MaintainsSector PerformGet Alert
10/20/2021Buy Now-1.6%BarclaysMaintainsOverweightGet Alert
09/16/2021Buy Now-4.77%CitigroupMaintainsBuyGet Alert
07/29/2021Buy Now-11.12%Morgan Stanley
Betsy Graseck
MaintainsEqual-WeightGet Alert

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 July 15, 2024. The analyst firm set a price target for $63.00 expecting BK to fall to within 12 months (a possible 0.00% downside). 20 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 maintained their hold 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 June 27, 2024 when Keefe, Bruyette & Woods raised their price target to $70. Keefe, Bruyette & Woods previously had a market perform 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 July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 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 maintained with a price target of $61.00 to $63.00. The current price Bank of New York Mellon (BK) is trading at is $63.00, which is within the analyst’s predicted range.

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