On Oct 24, major Wall Street analysts update their ratings for $Northern Trust (NTRS.US)$, with price targets ranging from $103 to $115.
BofA Securities analyst Ebrahim Poonawala maintains with a buy rating, and adjusts the target price from $102 to $115.
Barclays analyst Jason Goldberg maintains with a hold rating, and adjusts the target price from $98 to $115.
Wells Fargo analyst Mike Mayo maintains with a hold rating, and adjusts the target price from $92 to $108.
Evercore analyst Glenn Schorr maintains with a hold rating, and adjusts the target price from $86 to $103.
RBC Capital analyst Gerard Cassidy maintains with a buy rating, and adjusts the target price from $100 to $107.
Furthermore, according to the comprehensive report, the opinions of $Northern Trust (NTRS.US)$'s main analysts recently are as follows:
Following the Q3 report, it was observed that Northern Trust's core earnings surpassed expectations, primarily as a result of net interest income that exceeded projections.
The recent assessment of Northern Trust highlights a third-quarter performance that surpassed expectations, largely due to an increase in net interest income. This includes certain one-time benefits in net interest income that may not repeat. Additionally, the company experienced modestly improved fee growth.
Here are the latest investment ratings and price targets for $Northern Trust (NTRS.US)$ from 6 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
