The Bank of New York Mellon (BK) stock forecast for 2024. Forecast tables and graphs.







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The Bank of New York Mellon (BK) stock forecast for 2024

Updated: April 24, 2024 (12:49)

Sector: Financial

The share price of The Bank of New York Mellon Corp. (BK) now

What analysts predict: $64.03
52-week High/Low: $58.28 / $38.59

50/200 Day Moving Average: $55.75 / $49.16

This figure corresponds to the Average Price over the previous 50/200 days. For The Bank of New York Mellon stocks, the 50-day moving average is the resistance level today.

For The Bank of New York Mellon stocks, the 200-day moving average is the resistance level today.

Are you interested in The Bank of New York Mellon Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the The Bank of New York Mellon stock price in 2024. How much will one The Bank of New York Mellon share be worth in 2024? Is it worth taking profit / loss on BK stock now or waiting? What are analysts' forecasts for The Bank of New York Mellon stock?

We forecast The Bank of New York Mellon stock performance using neural networks based on historical data on BK stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

The Bank of New York Mellon Corp. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for The Bank of New York Mellon analysts is $64.03. Today 200 Day Moving Average is the support level (49.16 $). 50 Day Moving Average is the support level (55.75 $).




Historical and forecast chart of The Bank of New York Mellon Corp. stock

The chart below shows the historical price of The Bank of New York Mellon stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the BK stock price can be found in the table below.


The Bank of New York Mellon Corporation is an American holding company offering asset management services to individuals and legal entities. The company manages $ 1.9 trillion in assets in investment funds and subsidiaries. Services are provided through a network of 35 offices in the United States, as well as offices in London, Toronto, Hong Kong and the Cayman Islands. The company provides trust management to institutional clients through a subsidiary of Mellon Capital Management Corporation with assets of $ 370 billion.

The Bank of New York Mellon (BK) Forecast for 2024

Month Target Pes. Opt. Vol., %
May 57.58 54.68 59.65 8.34 %
Jun 59.79 58.16 63.57 8.50 %
Jul 59.60 56.07 60.60 7.47 %
Aug 58.64 56.16 61.69 8.97 %
Sep 55.97 53.46 59.51 10.16 %
Oct 56.33 53.85 59.62 9.67 %
Nov 57.18 54.26 59.93 9.47 %
Dec 58.47 57.02 59.59 4.32 %

The Bank of New York Mellon information and performance

The Bank of New York Mellon Address

240 GREENWICH STREET, NEW YORK, NY, US

Market Capitalization: 42 745 164 000 $

Market capitalization of the The Bank of New York Mellon Corp. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of BK shares in the company outstanding by the market price of one share.

EBITDA: - $

EBITDA of The Bank of New York Mellon is earnings before interest, income tax and depreciation of assets.

PE Ratio: 14.29

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.762

Price/earnings to growth

DPS: 1.63

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0294

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 4

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.116
Quarterly Revenue Growth YOY: 0.038
Trailing PE: 14.29

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 10.58

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: -

Enterprise Value (EV) /Revenue

EV To EBITDA: -

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 747816000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

The Bank of New York Mellon price target for 2024 by month


Target values for the price of one The Bank of New York Mellon share for May 2024.

The weighted average target price per The Bank of New York Mellon share in May 2024 is: 57.58.
In May, the Positive dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 8.340% volatility is expected.
Pessimistic target level: 54.68
Optimistic target level: 59.65

Target values for the price of one The Bank of New York Mellon share for Jun 2024.

The weighted average target price per The Bank of New York Mellon share in Jun 2024 is: 59.79.
In Jun, the Positive dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 8.503% volatility is expected.
Pessimistic target level: 58.16
Optimistic target level: 63.57

Target values for the price of one The Bank of New York Mellon share for Jul 2024.

The weighted average target price per The Bank of New York Mellon share in Jul 2024 is: 59.60.
In Jul, the Negative dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 7.475% volatility is expected.
Pessimistic target level: 56.07
Optimistic target level: 60.60

Target values for the price of one The Bank of New York Mellon share for Aug 2024.

The weighted average target price per The Bank of New York Mellon share in Aug 2024 is: 58.64.
In Aug, the Negative dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 8.973% volatility is expected.
Pessimistic target level: 56.16
Optimistic target level: 61.69

Target values for the price of one The Bank of New York Mellon share for Sep 2024.

The weighted average target price per The Bank of New York Mellon share in Sep 2024 is: 55.97.
In Sep, the Negative dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 10.158% volatility is expected.
Pessimistic target level: 53.46
Optimistic target level: 59.51

Target values for the price of one The Bank of New York Mellon share for Oct 2024.

The weighted average target price per The Bank of New York Mellon share in Oct 2024 is: 56.33.
In Oct, the Positive dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 9.675% volatility is expected.
Pessimistic target level: 53.85
Optimistic target level: 59.62

Target values for the price of one The Bank of New York Mellon share for Nov 2024.

The weighted average target price per The Bank of New York Mellon share in Nov 2024 is: 57.18.
In Nov, the Positive dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 9.466% volatility is expected.
Pessimistic target level: 54.26
Optimistic target level: 59.93

Target values for the price of one The Bank of New York Mellon share for Dec 2024.

The weighted average target price per The Bank of New York Mellon share in Dec 2024 is: 58.47.
In Dec, the Positive dynamics for The Bank of New York Mellon Corp. shares will prevail with possible monthly volatility of 4.317% volatility is expected.
Pessimistic target level: 57.02
Optimistic target level: 59.59



The Bank of New York Mellon (BK) stock dividend

The Bank of New York Mellon last paid dividends on 04/25/2024. The next scheduled payment will be on 05/09/2024. The amount of dividends is $1.63 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.