Northern Trust (NTRS) Posts Quarterly Results
Northern Trust (NASDAQ:NTRS) issued its quarterly earnings data on Tuesday. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by $0.03, Stock Ratings Network reports.
A number of analysts have recently weighed in on NTRS shares. Analysts at Guggenheim raised their price target on shares of Northern Trust from $71.00 to $74.00 in a research note on Tuesday, April 8th. They now have a “buy” rating on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Northern Trust in a research note on Tuesday, March 11th. They now have a $67.00 price target on the stock. Finally, analysts at UBS AG downgraded shares of Northern Trust from a “neutral” rating to a “sell” rating in a research note on Tuesday, March 11th. Six investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $63.91.
Shares of Northern Trust (NASDAQ:NTRS) opened at 61.22 on Tuesday. Northern Trust has a 52 week low of $51.90 and a 52 week high of $67.17. The stock’s 50-day moving average is $63.34 and its 200-day moving average is $59.80. The company has a market cap of $14.528 billion and a P/E ratio of 20.26.
Northern Trust Corporation 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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