Deutsche Bank Maintains Their Buy Rating on Northern Trust (NTRS)
Deutsche Bank analyst Brian Bedell maintained a Buy rating on Northern Trust (NTRS) today and set a price target of $108. The company’s shares opened today at $94.57.
According to TipRanks.com, Bedell is a 4-star analyst with an average return of 3.2% and a 51.0% success rate. Bedell covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Affiliated Managers, and Franklin Resources.
The word on The Street in general, suggests a Hold analyst consensus rating for Northern Trust with a $104.56 average price target, representing a 10.6% upside. In a report released yesterday, Buckingham also upgraded the stock to Buy with a $115 price target.
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Northern Trust’s market cap is currently $20.69B and has a P/E ratio of 14.23. The company has a Price to Book ratio of 2.15.
Based on the recent corporate insider activity of 143 insiders, corporate insider sentiment is negative on the stock.
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Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through two segments: Corporate & Institutional Services and Wealth Management.