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Enter Symbol:
Bank Of New York Company, Inc. (the) (BK) [hlAlert]

Buy BK
up 67.00 %

Bank Of New York Company, Inc. (the) (BK) rated Buy with price target $48 by Argus

Posted on: Tuesday,  Jul 21, 2015  3:25 PM ET by Argus

Argus rated Buy Bank Of New York Company, Inc. (NYSE: BK) on 07/21/2015. Previously Argus rated Buy Bank Of New York Company, Inc.
(NYSE: BK) on 03/27/2012., when the stock price was $24.43. Since then, Bank Of New York Company, Inc. has gained 67.01% as of 09/09/2015's recent price of $40.80.
If you would have followed the previous Argus's recommendation on BK, you would have gained 67% of your investment in 1261 days.

Bank of New York is a bank holding company and one of the world's larger financial institutions. They provide comprehensive financial services to individuals, small and mid-sized businesses, multinational corporations, financial institutions, governments and public agencies worldwide. Their products and services are organized into five business lines: Securities Servicing and Global Payment Services, Private Client Services and Asset Management, Corporate Banking, Global Markets and Retail Banking.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/21/2015 3:25 PM Buy
43.88 48.00
as of 8/27/2015
1 Week down  -4.67 %
1 Month down  -6.55 %
3 Months down  -5.92 %
1 YTD up  16.77 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/27/2015 1:25 PM Buy
37.11 42.00
7/23/2014 12:00 AM Buy
39.13 45.00
3/19/2013 1:25 PM Buy
28.12 35.00
3/27/2012 9:25 AM Buy
24.43 30.00

(*) Stock Price at the time of the recommendation.
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