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Barchart
Barchart
Aditya Sarawgi

What Are Wall Street Analysts' Target Price for Bank of New York Mellon Stock?

BNY New York BNY Mellon

Valued at $76.5 billion by market cap, the New York-based Bank of New York Mellon Corporation (BK) holds the title of America's oldest bank in New York City. BNY provides various financial services and serves numerous institutions, corporations, government agencies, endowments, foundations, and HNIs globally.

The banking giant has significantly outpaced the broader market over the past year. BNY stock has soared 44% over the past 52 weeks and 44.4% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 14% gains over the past year and 16.2% returns on a YTD basis.

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