The Bank of New York Mellon Corporation (NYSE:BK) traded today at a new 52-week high of $52.90. So far today approximately 1.6 million shares have been exchanged, as compared to an average 30-day volume of 4.9 million shares.
There is potential upside of 2.2% for shares of The Bank of New York Mellon Corporation based on a current price of $52.09 and an average consensus analyst price target of $53.24.
In the past 52 weeks, shares of The Bank of New York Mellon Corporation have traded between a low of $32.65 and a high of $52.90 and is now at $52.09, which is 60% above that low price.
BNY Mellon is a global investment company involved in the management and servicing of financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors, and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $41.1 trillion in under custody and administration (as of December 31, 2020), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investment. BNY Mellon’s asset management division manages about $2.2 trillion in assets.
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