The Bank of New York Mellon Corporation (BNY) Stock Forecast & Price Target
The Bank of New York Mellon Corporation · NYSE
$156.76-1.01 (-0.64%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 12 firms covering The Bank of New York Mellon Corporation, 7 rate it Buy or better, 5 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $149.00 to $180.00, so the covering firms are broadly aligned. The average target of $169.70 sits 8% above the current $156.76. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 5 to 7 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.29 next quarter toward $10.23 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS12 ratings
Moderate Buy
Strong Buy00%
Buy758%
Hold542%
Sell00%
Strong Sell00%
Based on 12 analysts giving stock ratings to The Bank of New York Mellon Corporation.
As of Jul, 7 of 12 firms rate BNY a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
BNY EPS & revenue forecast
EPS · NEXT QUARTER
$2.29
Range $2.16 – $2.38 · 9 analysts · +10% YoY
Next period, 9 analysts expect The Bank of New York Mellon Corporation to earn $2.29 a share (range $2.16 – $2.38), versus $2.08 a year earlier. Full-year consensus is $9.24, growing to $10.23 the year after.
REVENUE · NEXT QUARTER
$5.6B
Range $5.5B – $5.7B · 9 analysts · +8% YoY
Revenue is expected to reach $5.6B (range $5.5B – $5.7B), +8.2% year-over-year. Full-year consensus is $22.2B, rising to $23.2B next year.
Top analysts covering The Bank of New York Mellon Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on BNY.
#1
Mike Mayo
Wells Fargo
Hold
$162.00+3.3% to target
Coverage
—
+ Follow
#2
Glenn Schorr
Evercore ISI Group
Hold
$158.00+0.8% to target
Coverage
—
+ Follow
#3
Ebrahim Poonawala
B of A Securities
Buy
$175.00+11.6% to target
Coverage
—
+ Follow
#4
Gerard Cassidy
RBC Capital
Hold
$168.00+7.2% to target
Coverage
—
+ Follow
#5
VJ
Vivek Juneja
JP Morgan
Buy
$149.00-5.0% to target
Coverage
—
+ Follow
BNY stock forecast FAQ
What is BNY's average 12-month price target?+
The 10 analysts with a live target average $169.70 for The Bank of New York Mellon Corporation over the next 12 months, ranging from a $180.00 high to a $149.00 low.
Is BNY stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 12 analyst ratings, 7 are Buy or Strong Buy, 5 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for BNY?+
The Street-high target is $180.00 (Argus Research), and the Street-low is $149.00 (JP Morgan). The average of all 10 active targets is $169.70.
How many Wall Street analysts cover BNY?+
12 analysts have an active rating on The Bank of New York Mellon Corporation, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering BNY?+
Among analysts who currently cover BNY, Mike Mayo of Wells Fargo has the strongest overall Quantellect track record. Their current call is Hold with a $162.00 target.
What is The Bank of New York Mellon Corporation's projected EPS for next quarter?+
The consensus estimate is $2.29 per share (range $2.16 – $2.38) across 9 analysts. Full-year EPS is projected at $9.24, rising to $10.23 the following year.
How much revenue is The Bank of New York Mellon Corporation expected to report next quarter?+
Consensus revenue is $5.6B (range $5.5B – $5.7B). Full-year revenue is projected at $22.2B, growing to $23.2B next year.
Have analysts been upgrading or downgrading BNY lately?+
As of Jul, 7 of 12 firms rate BNY a Buy (5 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their BNY calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
