Northern Trust Corporation (NTRS) : The consensus on Northern Trust Corporation (NTRS) based on 12 analyst recommendation on the company stock is 2.98, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Northern Trust Corporation (NTRS).
Northern Trust Corporation (NTRS) : 13 Wall Street analysts covering Northern Trust Corporation (NTRS) believe that the average level the stock could reach for the short term is $71.65. The maximum price target given is $81 and the minimum target for short term is around $64, hence the standard deviation is calculated at $5.39.
Company shares have received an average consensus rating of Hold for the current week Northern Trust Corporation (NASDAQ:NTRS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $68.44 and $68.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $68.83. The buying momentum continued till the end and the stock did not give up its gains. It closed at $68.63, notching a gain of 0.39% for the day. The total traded volume was 515,244 . The stock had closed at $68.36 on the previous day.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President) of Northern Trust Corp, Morrison William L had sold 170,563 shares worth of $11,482,301 in a transaction dated August 3, 2016. In this transaction, 170,563 shares were sold at $67.32 per share.
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.