Raymond James analyst Donald Worthington reiterated a Buy rating on Bank of NT Butterfield & Son (NTB) yesterday and set a price target of $45. The company’s shares closed yesterday at $41.10.
According to TipRanks.com, Worthington is a 5-star analyst with an average return of 10.5% and a 60.6% success rate. Worthington covers the Financial sector, focusing on stocks such as Hanmi Financial Corp, Hope Bancorp Inc, and Trico Bancshares.
Bank of NT Butterfield & Son has an analyst consensus of Strong Buy, with a price target consensus of $45, implying a 9.5% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock.
See today’s analyst top recommended stocks >>
Bank of NT Butterfield & Son’s market cap is currently $2.27B and has a P/E ratio of 12.27. The company has a Price to Book ratio of 2.61.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
The Bank of N.T. Butterfield & Son Ltd. provides community banking and wealth management business. It operates through the following geographical segments: Bermuda, the Cayman Islands, Guernsey, The Bahamas, Switzerland, and the United Kingdom.
