KBW analyst Michael Brown maintained a Hold rating on Northern (NTRS – Research Report) on January 18 and set a price target of $92.00. The company’s shares opened today at $81.35.
According to TipRanks, Brown is a 5-star analyst with an average return of 15.5% and a 64.94% success rate. Brown covers the Financial sector, focusing on stocks such as KKR & Co, WisdomTree, and P10 Holdings.
In addition to KBW, Northern also received a Hold from Evercore ISI’s Glenn Schorr in a report issued on January 19. However, on the same day, RBC Capital maintained a Buy rating on Northern (NASDAQ: NTRS).
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NTRS market cap is currently $16.8B and has a P/E ratio of 15.97.
Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NTRS in relation to earlier this year.
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.
Northern (NTRS) Company Description:
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 the following segments: Corporate & Institutional Services and Wealth Management. The Corporate & Institutional Services Segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting; guardianship and estate administration, family business consulting; family financial education, brokerage services and private and business banking. Northern Trust was founded in 1971 and is headquartered in Chicago, IL.
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