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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
07/15/2024 | Buy Now | -0.01% | Deutsche Bank | Brian Bedell | $61 → $63 | Maintains | Hold | Get Alert |
07/15/2024 | Buy Now | 4.75% | Evercore ISI Group | Glenn Schorr | $61 → $66 | Maintains | In-Line | Get Alert |
07/15/2024 | Buy Now | 19.04% | Keefe, Bruyette & Woods | David Konrad | $70 → $75 | Reiterates | Outperform → Outperform | Get Alert |
07/15/2024 | Buy Now | 19.04% | Barclays | Jason Goldberg | $68 → $75 | Maintains | Overweight | Get Alert |
07/15/2024 | Buy Now | 3.17% | Morgan Stanley | Betsy Graseck | $63 → $65 | Maintains | Equal-Weight | Get Alert |
07/15/2024 | Buy Now | 3.17% | Citigroup | Keith Horowitz | $65 → $65 | Downgrade | Buy → Neutral | Get Alert |
07/03/2024 | Buy Now | -3.18% | Evercore ISI Group | Glenn Schorr | $61 → $61 | Maintains | In-Line | Get Alert |
06/27/2024 | Buy Now | 11.1% | Keefe, Bruyette & Woods | David Konrad | $60 → $70 | Upgrade | Market Perform → Outperform | Get Alert |
04/18/2024 | Buy Now | 7.93% | Jefferies | Ken Usdin | $67 → $68 | Maintains | Buy | Get Alert |
04/17/2024 | Buy Now | 4.75% | B of A Securities | Ebrahim Poonawala | $64 → $66 | Maintains | Buy | Get Alert |
04/04/2024 | Buy Now | -3.18% | Evercore ISI Group | Glenn Schorr | $57 → $61 | Maintains | In-Line | Get Alert |
03/27/2024 | Buy Now | -7.94% | RBC Capital | Gerard Cassidy | → $58 | Reiterates | Sector Perform → Sector Perform | Get Alert |
02/14/2024 | Buy Now | 3.17% | Citigroup | Keith Horowitz | $60 → $65 | Maintains | Buy | Get Alert |
01/30/2024 | Buy Now | -1.6% | Morgan Stanley | Betsy Graseck | $52 → $62 | Upgrade | Underweight → Equal-Weight | Get Alert |
01/09/2024 | Buy Now | -1.6% | UBS | Brennan Hawken | $54 → $62 | Maintains | Buy | Get Alert |
12/18/2023 | Buy Now | -13.5% | JP Morgan | Vivek Juneja | → $54.5 | Upgrade | Neutral → Overweight | Get Alert |
12/01/2023 | Buy Now | -23.82% | Morgan Stanley | Betsy Graseck | $46 → $48 | Maintains | Underweight | Get Alert |
10/11/2023 | Buy Now | -30.16% | Deutsche Bank | Brian Bedell | $45 → $44 | Maintains | Hold | Get Alert |
10/03/2023 | Buy Now | -26.99% | Morgan Stanley | Betsy Graseck | $48 → $46 | Maintains | Underweight | Get Alert |
09/15/2023 | Buy Now | -23.82% | Morgan Stanley | Betsy Graseck | $49 → $48 | Maintains | Underweight | Get Alert |
07/19/2023 | Buy Now | -22.23% | Morgan Stanley | Betsy Graseck | $49 → $49 | Reiterates | Underweight → Underweight | Get Alert |
07/19/2023 | Buy Now | -12.71% | Citigroup | Keith Horowitz | $58 → $55 | Maintains | Buy | Get Alert |
07/05/2023 | Buy Now | -22.23% | Morgan Stanley | Betsy Graseck | $49 → $49 | Reiterates | Underweight → Underweight | Get Alert |
06/16/2023 | Buy Now | -22.23% | Morgan Stanley | Betsy Graseck | $48 → $49 | Maintains | Underweight | Get Alert |
06/14/2023 | Buy Now | -7.94% | Citigroup | Keith Horowitz | $55 → $58 | Maintains | Buy | Get Alert |
06/01/2023 | Buy Now | -23.82% | Morgan Stanley | Betsy Graseck | $47 → $48 | Maintains | Underweight | Get Alert |
05/12/2023 | Buy Now | -26.99% | Evercore ISI Group | Glenn Schorr | $49 → $46 | Maintains | In-Line | Get Alert |
04/19/2023 | Buy Now | -25.4% | Morgan Stanley | Betsy Graseck | $46 → $47 | Maintains | Underweight | Get Alert |
04/19/2023 | Buy Now | -19.05% | Wells Fargo | Whit Mayo | $52 → $51 | Maintains | Equal-Weight | Get Alert |
04/19/2023 | Buy Now | -22.23% | RBC Capital | Gerard Cassidy | $44 → $49 | Maintains | Sector Perform | Get Alert |
04/05/2023 | Buy Now | -26.99% | Evercore ISI Group | Glenn Schorr | $53 → $46 | Maintains | In-Line | Get Alert |
04/03/2023 | Buy Now | -26.99% | Morgan Stanley | Stephen Byrd | $49 → $46 | Maintains | Underweight | Get Alert |
04/03/2023 | Buy Now | -17.47% | Wells Fargo | Whit Mayo | $53 → $52 | Maintains | Equal-Weight | Get Alert |
03/24/2023 | Buy Now | -30.16% | RBC Capital | Gerard Cassidy | $49 → $44 | Maintains | Sector Perform | Get Alert |
02/01/2023 | Buy Now | -22.23% | Morgan Stanley | Betsy Graseck | $47 → $49 | Maintains | Underweight | Get Alert |
01/17/2023 | Buy Now | -25.4% | Morgan Stanley | Betsy Graseck | $44 → $47 | Maintains | Underweight | Get Alert |
01/12/2023 | Buy Now | -11.12% | B of A Securities | Ebrahim Poonawala | → $56 | Reinstates | → Buy | Get Alert |
01/04/2023 | Buy Now | -6.36% | Goldman Sachs | Alexander Blostein | → $59 | Upgrade | Neutral → Buy | Get Alert |
01/04/2023 | Buy Now | -4.77% | Wolfe Research | Steven Chubak | → $60 | Upgrade | Peer Perform → Outperform | Get Alert |
01/03/2023 | Buy Now | 1.58% | Barclays | Jason Goldberg | $57 → $64 | Maintains | Overweight | Get Alert |
12/06/2022 | Buy Now | -33.34% | Morgan Stanley | Betsy Graseck | → $42 | Downgrade | Equal-Weight → Underweight | Get Alert |
12/01/2022 | Buy Now | -33.34% | Morgan Stanley | Betsy Graseck | $41 → $42 | Maintains | Equal-Weight | Get Alert |
11/15/2022 | Buy Now | -30.16% | Deutsche Bank | Brian Bedell | $43 → $44 | Maintains | Hold | Get Alert |
10/18/2022 | Buy Now | -20.64% | Citigroup | Keith Horowitz | $46 → $50 | Maintains | Buy | Get Alert |
10/12/2022 | Buy Now | -34.93% | Deutsche Bank | Brian Bedell | $44 → $41 | Maintains | Hold | Get Alert |
10/04/2022 | Buy Now | -34.93% | Morgan Stanley | Betsy Graseck | $45 → $41 | Maintains | Equal-Weight | Get Alert |
10/04/2022 | Buy Now | — | Citigroup | Keith Horowitz | — | Upgrade | Neutral → Buy | Get Alert |
09/27/2022 | Buy Now | -30.16% | Deutsche Bank | Brian Bedell | $46 → $44 | Maintains | Hold | Get Alert |
08/12/2022 | Buy Now | -26.99% | Deutsche Bank | Brian Bedell | $42 → $46 | Maintains | Hold | Get Alert |
07/19/2022 | Buy Now | -20.64% | Credit Suisse | Susan Roth Katzke | $52 → $50 | Maintains | Outperform | Get Alert |
07/06/2022 | Buy Now | -28.58% | Morgan Stanley | Betsy Graseck | $53 → $45 | Maintains | Equal-Weight | Get Alert |
07/01/2022 | Buy Now | -26.99% | Wells Fargo | Mike Mayo | $57 → $46 | Maintains | Equal-Weight | Get Alert |
07/01/2022 | Buy Now | -22.23% | RBC Capital | Gerard Cassidy | $56 → $49 | Maintains | Sector Perform | Get Alert |
06/29/2022 | Buy Now | -28.58% | Goldman Sachs | Alexander Blostein | $51.5 → $45 | Maintains | Neutral | Get Alert |
06/28/2022 | Buy Now | -31.75% | Deutsche Bank | Brian Bedell | $45 → $43 | Maintains | Hold | Get Alert |
06/24/2022 | Buy Now | -23.82% | Piper Sandler | Jeffery Harte | $54 → $48 | Maintains | Neutral | Get Alert |
06/02/2022 | Buy Now | -15.88% | Morgan Stanley | Betsy Graseck | $55 → $53 | Maintains | Equal-Weight | Get Alert |
05/19/2022 | Buy Now | -28.58% | Deutsche Bank | Brian Bedell | $54 → $45 | Downgrade | Buy → Hold | Get Alert |
04/27/2022 | Buy Now | -18.26% | JP Morgan | Vivek Juneja | $59 → $51.5 | Downgrade | Overweight → Neutral | Get Alert |
04/19/2022 | Buy Now | -18.26% | Goldman Sachs | Alexander Blostein | $60 → $51.5 | Maintains | Neutral | Get Alert |
04/19/2022 | Buy Now | -12.71% | Morgan Stanley | Betsy Graseck | $58 → $55 | Maintains | Equal-Weight | Get Alert |
04/19/2022 | Buy Now | -14.29% | Deutsche Bank | Brian Bedell | $62 → $54 | Maintains | Buy | Get Alert |
04/19/2022 | Buy Now | 7.93% | Barclays | Jason Goldberg | $74 → $68 | Maintains | Overweight | Get Alert |
04/19/2022 | Buy Now | -11.12% | RBC Capital | Gerard Cassidy | $60 → $56 | Maintains | Sector Perform | Get Alert |
03/31/2022 | Buy Now | -4.77% | Goldman Sachs | Alexander Blostein | $68 → $60 | Maintains | Neutral | Get Alert |
03/31/2022 | Buy Now | -12.71% | Wolfe Research | Steven Chubak | → $55 | Downgrade | Outperform → Peer Perform | Get Alert |
03/28/2022 | Buy Now | -7.94% | Morgan Stanley | Betsy Graseck | $65 → $58 | Upgrade | Underweight → Equal-Weight | Get Alert |
03/22/2022 | Buy Now | -0.01% | Wells Fargo | Mike Mayo | $70 → $63 | Maintains | Equal-Weight | Get Alert |
03/21/2022 | Buy Now | -0.01% | Credit Suisse | Susan Roth Katzke | $66 → $63 | Maintains | Outperform | Get Alert |
02/18/2022 | Buy Now | 17.45% | Deutsche Bank | Brian Bedell | $76 → $74 | Maintains | Buy | Get Alert |
02/07/2022 | Buy Now | 3.17% | Morgan Stanley | Betsy Graseck | $63 → $65 | Maintains | Underweight | Get Alert |
01/05/2022 | Buy Now | 14.28% | Seaport Global | Jim Mitchell | $62 → $72 | Maintains | Buy | Get Alert |
12/16/2021 | Buy Now | 6.34% | JP Morgan | Vivek Juneja | — | Upgrade | Neutral → Overweight | Get Alert |
12/06/2021 | Buy Now | -6.36% | Morgan Stanley | Betsy Graseck | — | Downgrade | Equal-Weight → Underweight | Get Alert |
10/25/2021 | Buy Now | -1.6% | Wells Fargo | Mike Mayo | — | Maintains | Equal-Weight | Get Alert |
10/20/2021 | Buy Now | -4.77% | RBC Capital | Gerard Cassidy | — | Maintains | Sector Perform | Get Alert |
10/20/2021 | Buy Now | -1.6% | Barclays | — | — | Maintains | Overweight | Get Alert |
09/16/2021 | Buy Now | -4.77% | Citigroup | — | — | Maintains | Buy | Get Alert |
07/29/2021 | Buy Now | -11.12% | Morgan Stanley | Betsy Graseck | — | Maintains | Equal-Weight | Get Alert |
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.
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.
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.
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.
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.
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.
Browse analyst ratings and price targets on all stocks.