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 somewhat bullish, 1 indifferent, and 2 somewhat bearish ratings. The average 12-month price target among 4 analysts is $48.12, with a high of $54.50 and a low of $44.00. This target has increased by 3.86% over the past month. Analyst ratings are based on future earnings predictions and company risk profiles, and are updated quarterly or after major company events.
December 18, 2023 | 12:00 pm
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NEUTRAL IMPACT
Bank of New York Mellon has a mixed outlook from analysts, with an average price target of $48.12, which has seen a recent increase. The ratings suggest caution with 2 somewhat bearish and 1 somewhat bullish stance in the last quarter.
The mixed analyst ratings with a slight increase in the price target suggest a neutral short-term impact on BK's stock price. The somewhat bearish sentiment is balanced by a somewhat bullish view and an increased price target, indicating that while there is caution, there is also a positive adjustment in expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100