The Bank of New York Mellon Corporation with ticker code (BK) now have 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 45 calculating the mean target price we have $53.66. Now with the previous closing price of $44.25 this now indicates there is a potential upside of 21.3%. There is a 50 day moving average of $44.57 and the 200 day MA is $45.33. The company has a market capitalization of 34.53B. The stock price is currently at: 44.34 USD
The potential market cap would be $41,874,436,325 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 12.89, 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.
