The Analyst Landscape: 5 Takes On Northern Trust
Portfolio Pulse from Benzinga Insights
Five analysts have recently updated their ratings on Northern Trust (NASDAQ:NTRS), with a mix of bullish to bearish sentiments. The average 12-month price target is now $88.4, up from $78.00, indicating a 13.33% increase. Analysts from Evercore ISI Group, Morgan Stanley, RBC Capital, UBS, and Jefferies have all raised their price targets, reflecting optimism about Northern Trust's future performance. Despite this, Northern Trust faces challenges in revenue growth, net margin, ROE, ROA, and debt management compared to industry averages.
April 04, 2024 | 8:00 pm
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POSITIVE IMPACT
Northern Trust's stock may see short-term positive movement due to the raised price targets and optimistic analyst ratings despite facing industry challenges.
The increase in the average price target and the positive adjustments by analysts suggest a bullish outlook for Northern Trust in the short term. However, the company's challenges in revenue growth, profitability, and below-average performance in key financial metrics could temper long-term gains. The short-term impact is likely positive due to the recent analyst upgrades and increased price targets, reflecting a potential increase in investor confidence.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100