NYSE: BK

Bank Of New York Mellon Corp Stock Forecast, Predictions & Price Target

The consensus among 3 Wall Street analysts covering (NYSE: BK) stock is to Hold BK stock.

Out of 3 analysts, 1 (33.33%) are recommending BK as a Strong Buy, 0 (0%) are recommending BK as a Buy, 1 (33.33%) are recommending BK as a Hold, 0 (0%) are recommending BK as a Sell, and 1 (33.33%) are recommending BK as a Strong Sell.

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(NYSE: BK) Bank Of New York Mellon's forecast annual revenue growth rate of 1.79% is forecast to beat the US Asset Management industry's average forecast revenue growth rate of -8.01%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.53%.

Bank Of New York Mellon's revenue in 2023 is $17,109,000,000.On average, 6 Wall Street analysts forecast BK's revenue for 2023 to be $13,438,102,753,628, with the lowest BK revenue forecast at $13,412,311,881,250, and the highest BK revenue forecast at $13,461,581,791,732. On average, 6 Wall Street analysts forecast BK's revenue for 2024 to be $13,486,842,003,548, with the lowest BK revenue forecast at $13,142,817,068,540, and the highest BK revenue forecast at $13,943,575,396,520.

In 2025, BK is forecast to generate $13,987,569,464,315 in revenue, with the lowest revenue forecast at $13,705,834,081,312 and the highest revenue forecast at $14,737,489,741,399.

According to 3 Wall Street analysts that have issued a 1 year BK price target, the average BK price target is $49.00, with the highest BK stock price forecast at $55.00 and the lowest BK stock price forecast at $44.00.

On average, Wall Street analysts predict that Bank Of New York Mellon's share price could reach $49.00 by Dec 1, 2024. The average Bank Of New York Mellon stock price prediction forecasts a potential upside of 0.6% from the current BK share price of $48.71.

(NYSE: BK) forecast ROE is N/A, which is considered weak.