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Bank of New York Mellon Corp
NYSE:BK

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Bank of New York Mellon Corp Logo
Bank of New York Mellon Corp
NYSE:BK
Watchlist
Price: 57.32 USD 0.24% Market Closed
Updated: Apr 28, 2024

Wall Street
Price Targets

BK Price Targets Summary
Bank of New York Mellon Corp

Wall Street analysts forecast BK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for BK is 65.04 USD with a low forecast of 58.58 USD and a high forecast of 73.5 USD.

Lowest
Price Target
58.58 USD
2% Upside
Average
Price Target
65.04 USD
13% Upside
Highest
Price Target
73.5 USD
28% Upside

BK Last Price Targets
Bank of New York Mellon Corp

The latest public price target was made on Apr 18, 2024 by Stephen Biggar from Argus Research , who expects BK stock to rise by 17% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Stephen Biggar
Argus Research
67 USD
Upside 17%
1 week ago
Apr 18, 2024
BNY Mellon's fee revenue growth resumes, says Argus
TheFly
Ebrahim Poonawala
New Street
66 USD
Upside 15%
1 week ago
Apr 17, 2024
Bank of New York Mellon (BK) PT Raised to $66 at BofA Securities
StreetInsider
Kenneth Leon
New Street
63 USD
Upside 10%
1 week ago
Apr 16, 2024
Bank of New York Mellon (BK) PT Raised to $63 at CFRA
StreetInsider
Brian Bedell
New Street
59 USD
Upside 3%
3 weeks ago
Apr 5, 2024
Bank of New York Mellon (BK) PT Raised to $59 at Deutsche Bank
StreetInsider
Jim Mitchell
Seaport Global
70 USD
Upside 22%
3 weeks ago
Apr 4, 2024
BNY Mellon price target raised to $70 from $66 at Seaport Research
TheFly
Stephen Biggar
Argus Research
Price Target 67 USD
Upside/Downside 17%
View Source
Ebrahim Poonawala
New Street
Price Target 66 USD
Upside/Downside 15%
View Source
Kenneth Leon
New Street
Price Target 63 USD
Upside/Downside 10%
View Source
Brian Bedell
New Street
Price Target 59 USD
Upside/Downside 3%
View Source
Jim Mitchell
Seaport Global
Price Target 70 USD
Upside/Downside 22%
View Source
Bank of New York Mellon Corp Competitors:
Price Targets
PPT
Perpetual Ltd
18% Upside
MAIN
Main Street Capital Corp
5% Downside
BCSF
Bain Capital Specialty Finance Inc
3% Downside
VEFAB
Vef AB (publ)
59% Upside
MERC
Mercia Asset Management PLC
98% Upside
AMK
AssetMark Financial Holdings Inc
11% Upside
EQT
EQT AB
14% Upside
ASHM
Ashmore Group PLC
13% Upside

Revenue
Forecast

Revenue Estimate
Bank of New York Mellon Corp

For the last 8 years the compound annual growth rate for Bank of New York Mellon Corp's revenue is 2%. The projected CAGR for the next 3 years is 4%.

2%
Past Growth
4%
Estimated Growth
Estimates Accuracy
-3%
Average Miss

Net Income
Forecast

Net Income Estimate
Bank of New York Mellon Corp

For the last 8 years the compound annual growth rate for Bank of New York Mellon Corp's net income is 0%. The projected CAGR for the next 3 years is 20%.

0%
Past Growth
20%
Estimated Growth
Estimates Accuracy
27%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is BK's stock price target?
Price Target
65.04 USD

According to Wall Street analysts, the average 1-year price target for BK is 65.04 USD with a low forecast of 58.58 USD and a high forecast of 73.5 USD.

What is Bank of New York Mellon Corp's Revenue forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Bank of New York Mellon Corp's revenue is 2%. The projected CAGR for the next 3 years is 4%.

What is Bank of New York Mellon Corp's Net Income forecast?
Projected CAGR
20%

For the last 8 years the compound annual growth rate for Bank of New York Mellon Corp's net income is 0%. The projected CAGR for the next 3 years is 20%.