The Bank of New York Mellon Corporation which can be found using ticker (BK) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $70.00 and $57.00 and has a mean target at $64.50. Given that the stocks previous close was at $58.44 this would imply there is now a potential upside of 10.4%. The 50 day MA is $56.39 while the 200 day moving average is $50.10. The market capitalization for the company is 43.26B. The stock price for the company is currently $57.85 USD
The potential market cap would be $47,747,166,094 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 14.5, revenue per share of $22.65 and a 0.78% return on assets.
The Bank of New York Mellon Corporation is a global company. The Company’s businesses are divided into three business segments: Securities Services, Market and Wealth Services and Investment and Wealth Management. The Company also includes Other segment, which includes the leasing portfolio, corporate treasury activities, including its securities portfolio, derivatives and other trading activities, corporate and bank-owned life insurance, renewable energy and other corporate investments. The Company’s two principal United States banking subsidiaries include The Bank of New York Mellon, a New York state-chartered bank, which houses its Securities Services businesses, including asset servicing and issuer services and certain market and Wealth Services businesses, including treasury services and clearance and collateral management, as well as the bank-advised business of investment management and BNY Mellon, National Association, which houses its wealth management business.
