RBC Capital Maintains Outperform Rating for Northern Trust: Here's What You Need To Know

RBC Capital has decided to maintain its Outperform rating of Northern Trust NTRS and lower its price target from $85.00 to $75.00.

Shares of Northern Trust are trading down 1.48% over the last 24 hours, at $70.70 per share.

A move to $75.00 would account for a 6.08% increase from the current share price.

About Northern Trust

Northern Trust is a leading provider of wealth management, asset servicing, asset management, and banking to corporations, institutions, affluent families, and individuals. Founded in Chicago in 1889, Northern Trust has offices in 20 states and Washington, D.C. as well as 23 locations in Canada, Europe, the Middle East, and Asia-Pacific. As of Dec. 31, 2022, Northern Trust had assets under custody or administration of $13.6 trillion and assets under management of $1.2 trillion.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.