The Bank of New York Mellon Corporation which can be found using ticker (BK) have now 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 62 and 44 calculating the average target price we see $53.59. Now with the previous closing price of $45.56 this would imply there is now a potential upside of 17.6%. It’s also worth noting that there is a 50 day moving average of $43.94 and the 200 moving average now moves to $45.05. The market capitalization for the company is 35.35B. The stock price is currently at: 45.39 USD
The potential market cap would be $41,579,199,093 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 13.19, revenue per share of 21.14 and a 0.67% 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.
