Keefe Bruyette has adjusted its outlook on Northern Trust (NTRS, Financial), with analyst David Konrad making a notable revision to the firm's price target. The new price target is set at $103, a decrease from the previous target of $117. Despite the adjustment, the analyst maintains a Market Perform rating for the financial services company.
The update highlights a shift in expectations for Northern Trust's stock performance, reflecting the firm's analysis of current market conditions and company fundamentals. Investors holding positions in NTRS may find these insights useful as they consider their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Northern Trust Corp (NTRS, Financial) is $103.54 with a high estimate of $128.00 and a low estimate of $81.00. The average target implies an upside of 15.87% from the current price of $89.36. More detailed estimate data can be found on the Northern Trust Corp (NTRS) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, Northern Trust Corp's (NTRS, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Northern Trust Corp (NTRS, Financial) in one year is $105.81, suggesting a upside of 18.41% from the current price of $89.36. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Northern Trust Corp (NTRS) Summary page.
