Based on ratings from 19 stock analysts, the Northern Trust Corp stock price is expected to decrease by 0.04% in 12 months. This is calculated by using the average 12-month stock price forecast for Northern Trust Corp. The lowest target is $82 and the highest is $102. Please note analyst price targets are not guaranteed and could be missed completely.
NTRS is a stock in Financial Services which has been forecasted to be worth $90.42 as an average. On the higher end, the forecast price is $102 USD by Michael Carrier from B of A Securities and on the lower end NTRS is forecasted to be $82 by from Barclays.
These are the latest 20 analyst ratings of NTRS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Betsy Graseck Morgan Stanley | Underweight | $97 | Maintains | Sep 30, 2024 |
Alexander Blostein Goldman Sachs | Sell | $82 | Downgrade | Sep 26, 2024 |
Brian Bedell Deutsche Bank | Hold | $94 | Maintains | Sep 23, 2024 |
Brian Bedell Deutsche Bank | Hold | $84 | Maintains | Aug 15, 2024 |
Betsy Graseck Morgan Stanley | Underweight | $93 | Maintains | Jul 30, 2024 |
Gerard Cassidy RBC Capital | Outperform | $90 | Maintains | Jul 18, 2024 |
Alexander Blostein Goldman Sachs | Neutral | $84 | Maintains | Jul 2, 2024 |
David Konrad Keefe, Bruyette & Woods | Market Perform | $85 | Maintains | Jun 27, 2024 |
Ken Usdin Jefferies | Buy | $103 | Maintains | Apr 18, 2024 |
Michael Carrier B of A Securities | Buy | $101 | Maintains | Apr 17, 2024 |
Glenn Schorr Evercore ISI Group | In-Line | $87 | Maintains | Apr 4, 2024 |
Betsy Graseck Morgan Stanley | Underweight | $86 | Downgrade | Jan 30, 2024 |
Gerard Cassidy RBC Capital | Outperform | $86 | Maintains | Jan 19, 2024 |
Kenneth Usdin Jefferies | Buy | $99 | Upgrade | Jan 9, 2024 |
Brennan Hawken UBS | Neutral | $84 | Maintains | Jan 9, 2024 |
Steven Chubak Wolfe Research | Underperform | $85 | Downgrade | Jan 3, 2024 |
Jason Goldberg Barclays | Equal-Weight | $98 | Maintains | Jan 2, 2024 |
Betsy Graseck Morgan Stanley | Equal-Weight | $80 | Maintains | Dec 1, 2023 |
Betsy Graseck Morgan Stanley | Equal-Weight | $78 | Maintains | Nov 2, 2023 |
Betsy Graseck Morgan Stanley | Equal-Weight | $82 | Maintains | Oct 19, 2023 |
When did it IPO
1990
Staff Count
23,000
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Michael Gerard O'Grady
Market Cap
$17.80B
In 2023, NTRS generated $6.77B in revenue, which was a increase of 0.18% from the previous year. This can be seen as a signal that NTRS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
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Summary - Northern Trust Asset Management announced Lyenda Simpson Delp as Head of the Global Institutional Client Group, effective December 3, overseeing institutional businesses globally.
Why It Matters - Leadership changes can impact a firm's strategic direction and performance. Lyenda Simpson Delp's appointment may influence NTAMโs institutional client relationships and growth prospects globally.
Summary - Institutional investors are focused on emerging technologies while being cautious of cyber risks and AI threats, as noted in a Northern Trust symposium attended by over 100 professionals.
Why It Matters - Institutional investors are prioritizing technology advancements and cyber risk management, signaling potential shifts in investment strategies and increased demand for cybersecurity solutions.
Summary - Northern Trust (NTRS) expands its partnership with 2Xideas AG to include Integrated Trading Solutions. 2Xideas manages around $2 billion in assets.
Why It Matters - Northern Trust's expanded partnership with 2Xideas AG enhances its service offerings, potentially increasing revenue and strengthening its market position in investment management.
Summary - Northern Trust has lowered its prime rate from 8.50% to 8.00%, effective September 19, 2024. The company specializes in wealth management and banking services.
Why It Matters - A decrease in Northern Trust's prime rate signals lower borrowing costs, potentially boosting consumer spending and investment, which can positively impact market performance and overall economic growth.
Summary - The Nasdaq 100 declined approximately 0.5% on Monday, with investor attention on significant insider trades.
Why It Matters - A 0.5% decline in the Nasdaq 100 signals potential market weakness, while notable insider trades may indicate shifts in investor sentiment or confidence in specific companies.