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

Analyst price target for BK

Based on 3 analysts offering 12 month price targets for Bank Of New York Mellon Corp.
Min Forecast
$44.00-9.67%
Avg Forecast
$49.00+0.6%
Max Forecast
$55.00+12.91%

Should I buy or sell BK stock?

Based on 3 analysts offering ratings for Bank Of New York Mellon Corp.
Hold
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 33.33%

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BK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-12-01
lockedlocked$00.00+00.00%2023-10-11
lockedlocked$00.00+00.00%2023-07-19

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Forecast return on equity

Is BK forecast to generate an efficient return?
Company
N/A
Industry
18.39%
Market
39.25%

Forecast return on assets

Is BK forecast to generate an efficient return on assets?
Company
N/A
Industry
2.34%

BK revenue forecast

What is BK's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$17.5B+2.13%
Avg 2 year Forecast
$17.5B+2.5%
Avg 3 year Forecast
$18.2B+6.3%
BK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

BK revenue growth forecast

How is BK forecast to perform vs Asset Management companies and vs the US market?
Company
1.79%
Industry
-8.01%
Market
6.53%
BK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
BK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

BK vs Asset Management Stocks

TickerPricePrice TargetUp/downsideConsensus
BK$48.71$49.00+0.60%Hold
AMP$356.29$375.00+5.25%Hold
ARES$111.81$108.00-3.41%Buy
TROW$102.45$102.71+0.26%Sell
STT$73.92$74.70+1.06%Hold

Bank Of New York Mellon Stock Forecast FAQ

Is Bank Of New York Mellon Stock a good buy in 2023, according to Wall Street analysts?

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.

If you're new to stock investing, here's how to buy Bank Of New York Mellon stock.

What is BK's revenue growth forecast for 2023-2025?

(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.

What is BK's forecast return on assets (ROA) for 2023-2025?

(NYSE: BK) forecast ROA is N/A, which is lower than the forecast US Asset Management industry average of 2.34%.

What is BK's Price Target?

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.

What is BK's forecast return on equity (ROE) for 2023-2025?

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