The Bank of New York Mellon (BK)
(Delayed Data from NYSE)
$71.72 USD
+0.68 (0.96%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $71.71 -0.01 (-0.01%) 7:58 PM ET
2-Buy of 5 2
D Value F Growth D Momentum F VGM
The Bank of New York Mellon Corporation (BK) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$70.69 | $76.00 | $62.00 | -0.49% |
Price Target
Based on short-term price targets offered by 16 analysts, the average price target for The Bank of New York Mellon Corporation comes to $70.69. The forecasts range from a low of $62.00 to a high of $76.00. The average price target represents a decline of 0.49% from the last closing price of $71.04.
Analyst Price Targets (16)
Broker Rating
The Bank of New York Mellon Corporation currently has an average brokerage recommendation (ABR) of 1.88 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms. The current ABR compares to an ABR of 1.88 a month ago based on 17 recommendations.
Of the 17 recommendations deriving the current ABR, nine are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 52.94% and 5.88% of all recommendations. A month ago, Strong Buy made up 52.94%, while Buy represented 5.88%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 9 | 9 | 9 | 10 |
Buy | 1 | 1 | 1 | 1 | 0 |
Hold | 7 | 7 | 7 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.88 | 1.88 | 1.88 | 1.88 | 1.82 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/15/2024 | Goldman Sachs | Alexander Blostein | Strong Buy | Strong Buy |
7/15/2024 | Keefe Bruyette & Woods | David J Konrad | Hold | Moderate Buy |
7/15/2024 | Not Identified | Not Identified | Strong Buy | Hold |
7/15/2024 | Not Identified | Not Identified | Hold | Hold |
7/15/2024 | Argus Research Corp. | Stephen Biggar | Strong Buy | Strong Buy |
7/14/2024 | Seaport Research Partners | James F Mitchell | Strong Buy | Strong Buy |
7/12/2024 | Wells Fargo Securities | Michael L Mayo | Hold | Hold |
7/8/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/3/2024 | Evercore Partners | Glenn P Schorr | Hold | Hold |
6/26/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/18/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/16/2024 | Not Identified | Not Identified | Hold | Hold |
1/9/2024 | UBS | Brennan M Hawken | Not Available | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.88 |
ABR (Last week) | 1.88 |
# of Recs in ABR | 17 |
Average Target Price | $70.69 |
LT Growth Rate | 10.30% |
Industry | Banks - Major Regional |
Industry Rank by ABR | 72 of 253 |
Current Quarter EPS Est: | 1.38 |
BK FAQs
The Bank of New York Mellon Corporation (BK) currently has an average brokerage recommendation (ABR) of 1.88 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 17 brokerage firms.
The average price target for The Bank of New York Mellon Corporation (BK) is $70.69. The current on short-term price targets is based on 8 reports.
The forecasts for The Bank of New York Mellon Corporation (BK) range from a low of $62 to a high of $76. The average price target represents a decline of $0.49 from the last closing price of $71.04.
The current DOWNSIDE for The Bank of New York Mellon Corporation (BK) is 0.49%
Based on short-term price targets offered by 16 analysts, the average price target for The Bank of New York Mellon Corporation comes to $70.69. The forecasts range from a low of $62.00 to a high of $76.00. The average price target represents a decline of 0.49% from the last closing price of $71.04.