Analyst Price Target Update on Northern Trust Corporation (NASDAQ:NTRS)

Northern Trust Corporation (NASDAQ:NTRS) should head towards $72.81 per share according to 13 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $64 per share. The higher price estimate target is at $83 according to the Analysts.

Many analysts have stated their opinion on the company shares. Deutsche Bank maintains its rating on Northern Trust Corporation (NASDAQ:NTRS). The global brokerage major raises the current price target from $73 per share to $76 per share. Analysts at the Deutsche Bank have a current rating of Hold on the shares. The rating by the firm was issued on May 27, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities, Cherecwich Peter, officer (EVP, Global Fund Services) of Northern Trust Corp, unloaded 58,260 shares at an average price of $71.78 on April 21, 2016. The total amount of the transaction was worth $4,181,903, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Northern Trust Corporation (NASDAQ:NTRS) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.31 points or 0.44% at $70.67 with 1,028,751 shares getting traded. Post opening the session at $70.57, the shares hit an intraday low of $70.49 and an intraday high of $71.52 and the price was in this range throughout the day. The company has a market cap of $16,124 million and the number of outstanding shares have been calculated to be 228,163,710 shares. The 52-week high of Northern Trust Corporation (NASDAQ:NTRS) is $79.25 and the 52-week low is $54.38.

Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals around the world. The Companys operating segments include Corporate & Institutional Services (C&IS), Wealth Management and Treasury and Other. The Company has a network of offices in 19 states in the United States, Washington, D.C. and 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. Asset Management, through the Companys various subsidiaries, supports the C&IS and Wealth Management segments by providing a range of asset management and related services and other products to customers around the world. The Companys subsidiary is The Northern Trust Company.

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