# The Bank of New York Mellon Corporation – Consensus ‘buy’ rating and 17.3% Upside Potential

- Link: https://www.directorstalkinterviews.com/the-bank-of-new-york-mellon-corporation-consensus-buy-rating-and-17.3-upside-potential/4121132305
- Published: 2023-11-09T14:18:50+00:00
- Author: Charlotte Edwards

**The Bank of New York Mellon Corporation** which can be found using ticker (BK)
have now 15 analysts in total covering the stock. The consensus rating is pointing
to ‘buy’. The target price High/Low ranges between $62.00 and $45.00 calculating
the average target price we see $52.30. Now with the previous closing price of $
44.59 this now indicates there is a potential upside of 17.3%. The 50 day MA is 
$43.25 while the 200 day moving average is $44.69. The market capitalization for
the company is 34.59B. The current share price for the company is: $44.97 USD

 The potential market cap would be $40,565,300,364 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 10.53, revenue per share of $21.45
and a 0.87% 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.

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