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Northern Trust Corp (NTRS) shares recently surpassed the average 12-month analyst target price of $83.57, trading at $84.55 per share. This movement prompts analysts to consider either downgrading valuations or adjusting price targets based on the fundamentals driving the stock’s increased value.
The average price target is derived from 14 analysts, with predictions ranging from a low of $71.00 to a high of $99.00, showcasing a standard deviation of $9.171. Currently, there are 2 strong buy ratings, 1 buy rating, 10 hold ratings, 1 sell rating, and 1 strong sell rating, leading to an average rating of 2.85 on a scale where 1 represents a strong buy and 5 a strong sell.
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