The Latest Analyst Ratings for Bank of New York Mellon
Portfolio Pulse from Benzinga Insights
Bank of New York Mellon (NYSE:BK) has received mixed analyst ratings in the last quarter, with 1 bullish, 3 indifferent, and 4 somewhat bearish. The average 12-month price target for the bank, according to 8 analysts, is $49.62, an increase of 1.78% from the previous average of $48.75.
July 05, 2023 | 3:01 pm
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Mixed analyst ratings and an increased 12-month price target may lead to uncertain short-term price movement for Bank of New York Mellon.
The mixed analyst ratings indicate differing opinions on the bank's performance, which may lead to volatility in the stock price. The increased 12-month price target suggests some analysts see potential for growth, but the overall sentiment is not strongly bullish.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100