WallStreetZen

NYSE: BK
Bank of New York Mellon Corp Stock Forecast, Predictions & Price Target

Analyst price target for BK

Based on 7 analysts offering 12 month price targets for Bank of New York Mellon Corp.
Min Forecast
$43.00-24.77%
Avg Forecast
$51.86-9.28%
Max Forecast
$57.00-0.28%

Should I buy or sell BK stock?

Based on 7 analysts offering ratings for Bank of New York Mellon Corp.
Strong Buy
Strong Buy
4 analysts 57.14%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

BK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Anonymous
Citigroup
Strong BuyMaintains$60.00+4.97%2021-09-16
Morgan Stanley
Top 11%
90
HoldMaintains$56.00-2.03%2021-07-29
Argus Research
Top 9%
92
Strong BuyUpgrades$55.00-3.78%2021-07-20
Credit Suisse
Top 8%
93
BuyMaintains$56.00-2.03%2021-07-16
Bank of America
Top 12%
89
Strong BuyUpgrades$50.00-12.53%2021-03-24
Citigroup
Top 8%
93
Strong BuyUpgrades$57.00-0.28%2021-01-11
Keefe, Bruyette & Woods
Top 28%
73
HoldDowngrades$43.00-24.77%2020-11-19
Deutsche Bank
Top 11%
90
Strong BuyUpgrades$46.00-19.52%2020-11-11

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Forecast return on equity

Is BK forecast to generate an efficient return?
Company
10.16%
Industry
22.15%
Market
54.87%
BK's Return on Equity is forecast to be low in 3 years (10.16%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is BK forecast to generate an efficient return on assets?
Company
0.99%
Industry
6.53%
BK is forecast to generate lower Return on Assets (0.99%) than the US Asset Management industry average (6.53%)
Forecast

BK earnings per share forecast

What is BK's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$4.16+7.22%
Avg 2 year Forecast
$4.62+19.07%
Avg 3 year Forecast
$5.33+37.37%
BK's earnings are forecast to grow at a rate of 9.81% per year, which is not exceptional
Forecast

BK revenue forecast

What is BK's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$15.8B+1.56%
Avg 2 year Forecast
$16.2B+3.75%
Avg 3 year Forecast
$17.0B+9.22%
BK's revenue is forecast to grow at a rate of 2.37% per year, which is not exceptional
Forecast

BK earnings growth forecast

How is BK forecast to perform vs Asset Management companies and vs the US market?
Company
9.81%
Industry
2.55%
Market
23.12%
BK's earnings are forecast to grow faster (9.81% per year) than the US Asset Management industry average (2.55%)
Forecast
BK's earnings are forecast to grow slower (9.81% per year) than the US market average (23.12%)
Forecast
BK's earnings are forecast to grow faster (9.81% per year) than the risk-free savings rate (1.6%)
Forecast

BK revenue growth forecast

How is BK forecast to perform vs Asset Management companies and vs the US market?
Company
2.37%
Industry
-1.69%
Market
14.19%
BK's revenues are forecast to grow faster (2.37% per year) than the US Asset Management industry average (-1.69%)
Forecast
BK's revenues are forecast to grow slower (2.37% per year) than the US market average (14.19%)
Forecast

Bank of New York Mellon Corp Stock Forecast FAQ

Is Bank of New York Mellon Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: BK) stock is to Strong Buy BK stock.

Out of 7 analysts, 4 (57.14%) are recommending BK as a Strong Buy, 1 (14.29%) are recommending BK as a Buy, 2 (28.57%) are recommending BK as a Hold, 0 (0%) are recommending BK as a Sell, and 0 (0%) are recommending BK as a Strong Sell.

What is BK's earnings growth forecast for 2021-2023?

(NYSE: BK) Bank of New York Mellon Corp's forecast annual earnings growth rate of 9.81% is forecast to beat the US Asset Management industry's average forecast earnings growth rate of 2.55%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.12%.

Bank of New York Mellon Corp's earnings in 2021 is $3,427,000,000.On average, 7 Wall Street analysts forecast BK's earnings for 2021 to be $3,590,802,500, with the lowest BK earnings forecast at $3,539,012,080, and the highest BK earnings forecast at $3,694,383,342. On average, 7 Wall Street analysts forecast BK's earnings for 2022 to be $3,987,862,392, with the lowest BK earnings forecast at $3,884,281,551, and the highest BK earnings forecast at $4,169,128,865.

In 2023, BK is forecast to generate $4,600,715,704 in earnings, with the lowest earnings forecast at $4,428,080,968 and the highest earnings forecast at $4,773,350,439.

What is BK's revenue growth forecast for 2021-2023?

(NYSE: BK) Bank of New York Mellon Corp's forecast annual revenue growth rate of 2.37% is forecast to beat the US Asset Management industry's average forecast revenue growth rate of -1.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.19%.

Bank of New York Mellon Corp's revenue in 2021 is $15,571,000,000.On average, 4 Wall Street analysts forecast BK's revenue for 2021 to be $13,650,597,119,053, with the lowest BK revenue forecast at $13,596,711,775,856, and the highest BK revenue forecast at $13,696,494,653,033. On average, 4 Wall Street analysts forecast BK's revenue for 2022 to be $13,945,015,302,534, with the lowest BK revenue forecast at $13,758,125,253,642, and the highest BK revenue forecast at $14,121,521,372,080.

In 2023, BK is forecast to generate $14,679,893,750,426 in revenue, with the lowest revenue forecast at $14,305,705,371,492 and the highest revenue forecast at $15,043,623,917,077.

What is BK's forecast return on assets (ROA) for 2021-2023?

(NYSE: BK) forecast ROA is 0.99%, which is lower than the forecast US Asset Management industry average of 6.53%.

What is BK's Price Target?

According to 7 Wall Street analysts that have issued a 1 year BK price target, the average BK price target is $51.86, with the highest BK stock price forecast at $57.00 and the lowest BK stock price forecast at $43.00.

On average, Wall Street analysts predict that Bank of New York Mellon Corp's share price could stay at $51.86 by Jul 29, 2022. The average Bank of New York Mellon Corp stock price prediction forecasts a potential downside of N/A from the current BK share price of $57.16.

What is BK's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: BK) Bank of New York Mellon Corp's current Earnings Per Share (EPS) is $3.88. On average, analysts forecast that BK's EPS will be $4.16 for 2021, with the lowest EPS forecast at $4.10, and the highest EPS forecast at $4.28. On average, analysts forecast that BK's EPS will be $4.62 for 2022, with the lowest EPS forecast at $4.50, and the highest EPS forecast at $4.83. In 2023, BK's EPS is forecast to hit $5.33 (min: $5.13, max: $5.53).

What is BK's forecast return on equity (ROE) for 2021-2023?

(NYSE: BK) forecast ROE is 10.16%, which is considered weak.
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