Brokerage Firm Rating Update on Northern Trust Corporation (NTRS)

Northern Trust Corporation (NTRS) : The consensus on Northern Trust Corporation (NTRS) based on 12 analyst recommendation on the company stock is 2.98, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Northern Trust Corporation (NTRS).

Northern Trust Corporation (NTRS) : 12 Wall Street analysts covering Northern Trust Corporation (NTRS) believe that the average level the stock could reach for the short term is $71.5. The maximum price target given is $81 and the minimum target for short term is around $64, hence the standard deviation is calculated at $5.44.


Company shares have received an average consensus rating of Hold for the current week Also, Deutsche Bank maintains their rating on the shares of Northern Trust Corporation (NASDAQ:NTRS). The current rating of the shares is Hold. Equity Analysts at the Firm raises the price target to $71 per share from $70 per share. The rating by the firm was issued on August 5, 2016.

Northern Trust Corporation (NASDAQ:NTRS): stock was range-bound between the intraday low of $69.43 and the intraday high of $70.2 after having opened at $69.61 on Wednesdays session. The stock finally closed in the red at $69.61, a loss of -0.24%. The stock remained in the red for the whole trading day. The total traded volume was 729,314 shares. The stock failed to cross $70.2 in Wednesdays trading. The stocks closing price on Thursday was $69.86.

Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals around the world. The Companys operating segments include Corporate & Institutional Services (C&IS), Wealth Management and Treasury and Other. The Company has a network of offices in 19 states in the United States, Washington, D.C. and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. Asset Management, through the Companys various subsidiaries, supports the C&IS and Wealth Management segments by providing a range of asset management and related services and other products to customers around the world. The Companys subsidiary is The Northern Trust Company.

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