Shares of The Bank of New York Mellon moved -1.6% today, and are now trading at a price of $39.72. In contrast, the S&P 500 index saw a 0.5% change and the Dow Industrial Average posted a 0.3% performance. Today's trading volume was 4,013,412 compared to the stock's average volume of 3,851,865.
The BNY Mellon provides a range of financial products and services in the United States and internationally. Based in New York, the company has 49,100 full time employees and a market cap of $32,104,882,176.
The company is now trading -15.18% away from its average analyst target price of $46.83 per share. The 15 analysts following the stock have set target prices ranging from $41 to $57, and on average give The Bank of New York Mellon a rating of buy.
Over the last year, BNY Mellon shares have gone down by -30.0%, which represents a difference of -11.4% when compared to the S&P 500. The stock's 52 week high is $64.63 per share and its 52 week low is $36.22. With its operating margins declining an average -2.7% over the last four years, The Bank of New York Mellon may not have a strong enough business to reverse this trend.
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