Bank of New York Mellon Corp's stock rose by 3.08%, reaching a 52-week high, amid positive market conditions with the Nasdaq-100 up 0.84% and the S&P 500 up 0.59%.
This increase is attributed to the announcement of a monthly distribution of $0.023 per share for its Strategic Municipal Bond Funds, reflecting the company's commitment to providing stable income for investors. The distribution, which remains unchanged from the previous month, is set to be paid on January 30, 2026, enhancing investor confidence in BNY Mellon's asset management capabilities, which include $2.1 trillion in managed assets.
The stock's performance indicates a strong position in the market, supported by the historical stability of BNY Mellon, established in 1784, and its significant influence in global capital markets.
Wall Street analysts forecast BK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BK is 125.59 USD with a low forecast of 109.00 USD and a high forecast of 145.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
Wall Street analysts forecast BK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BK is 125.59 USD with a low forecast of 109.00 USD and a high forecast of 145.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
4 Hold
0 Sell
Moderate Buy
Current: 118.870
Low
109.00
Averages
125.59
High
145.00
Current: 118.870
Low
109.00
Averages
125.59
High
145.00
TD Cowen
Steven Alexopoulos
Buy
maintain
$133 -> $145
2026-01-07
Reason
TD Cowen
Steven Alexopoulos
Price Target
$133 -> $145
AI Analysis
2026-01-07
maintain
Buy
Reason
TD Cowen analyst Steven Alexopoulos raised the firm's price target on BNY Mellon to $145 from $133 and keeps a Buy rating on the shares. The firm adjusted bank targets as part of a Q4 earnings preview. TD expects "solid" Q4 reports for the banks with continued balance sheet growth, repricing tailwinds, and a "likely more dovish" Federal Reserve chair in 2026. These "durable tailwinds" should lift bank stocks in 2026, the analyst tells investors in a research note.
Truist
Hold
to
Buy
upgrade
$119 -> $134
2026-01-07
Reason
Truist
Price Target
$119 -> $134
2026-01-07
upgrade
Hold
to
Buy
Reason
Truist upgraded BNY Mellon to Buy from Hold with a price target of $134, up from $119. BNY Mellon has established itself as the premier quality compounder among trust banks and has earned its premium valuation, with further upside supported by its scalable operating model, the analyst tells investors in a research note. A favorable long-term fixed income backdrop, strong custody exposure, and potential bullish medium-term target updates reinforce confidence in continued outperformance, Truist adds.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for BK
Unlock Now
Citi
Buy
maintain
2026-01-06
Reason
Citi
Price Target
2026-01-06
maintain
Buy
Reason
Citi raised the firm's price target on Bankinter to EUR 16 from EUR 15 and keeps a Buy rating on the shares.
Barclays
NULL
to
Overweight
maintain
$120 -> $143
2026-01-05
Reason
Barclays
Price Target
$120 -> $143
2026-01-05
maintain
NULL
to
Overweight
Reason
Barclays raised the firm's price target on BNY Mellon to $143 from $120 and keeps an Overweight rating on the shares. The firm adjusted ratings and price targets in the large cap bank group as part of its 2026 outlook. Barclays expects the trends that drove double-digit earnings growth and bank stock outperformance in 2025 to carry into 2026.
About BK
The Bank of New York Mellon Corporation is a global financial services company. The Company’s business segment includes Securities Services, Market and Wealth Services and Investment and Wealth Management. The Securities Services business segment consists of Asset Servicing and Issuer Services, which provide business solutions across the transaction life cycle to its global asset owner and asset manager clients. The Market and Wealth Services business segment consists of three lines of business, Pershing, Treasury Services and Clearance and Collateral Management, which provide business services and technology solutions. Its Investment and Wealth Management business segment delivers a diversified portfolio of investment strategies independently, and through its global distribution network, to institutional and retail clients globally. It provides investment management, custody, wealth and estate planning, private banking services, investment servicing and information management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
