Bank of NT Butterfield & Son (NTB) Receives a Buy from Raymond James


In a report released today, Donald Worthington from Raymond James maintained a Buy rating on Bank of NT Butterfield & Son (NYSE: NTB). The company’s shares opened today at $39.51.

According to TipRanks.com, Worthington is a 5-star analyst with an average return of 13.0% and a 66.7% success rate. Worthington covers the Financial sector, focusing on stocks such as Pacific City Financial Corp, American River Bankshares, and Hanmi Financial Corp.

Bank of NT Butterfield & Son has an analyst consensus of Strong Buy, with a price target consensus of $57.33, a 45.1% upside from current levels. In a report released today, Wells Fargo also maintained a Buy rating on the stock.

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Bank of NT Butterfield & Son’s market cap is currently $2.82B and has a P/E ratio of 12.39. The company has a Price to Book ratio of 2.57.

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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.

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