Northern Trust Corp. Reaches New 12-Month High at $62.12 (NTRS)
Northern Trust Corp. (NASDAQ:NTRS)’s share price reached a new 52-week high on Wednesday, American Banking News.com reports. The company traded as high as $62.12 and last traded at $62.07, with a volume of 1,940,211 shares traded. The stock had previously closed at $61.70.
Several analysts have recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Northern Trust Corp. from $60.00 to $64.00 in a research note to investors on Tuesday. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Northern Trust Corp. from $57.00 to $61.00 in a research note to investors on Friday, January 3rd. Finally, analysts at Macquarie upgraded shares of Northern Trust Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Friday, December 13th. Four analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $60.36.
Northern Trust Corp. has a 52-week low of $49.27 and a 52-week high of $62.02. The stock’s 50-day moving average is $59.25 and its 200-day moving average is $57.46. The company has a market cap of $14.822 billion and a price-to-earnings ratio of 20.70.
Northern Trust Corporation (NASDAQ:NTRS) is a financial holding company that is a provider of asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals worldwide.
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