Zacks Investment Research downgraded Northern Trust Corporation (NASDAQ:NTRS) to Hold in a report released today.
- Updated: November 30, 2016
Yesterday Northern Trust Corporation (NASDAQ:NTRS) traded 1.72% higher at $81.14. The company’s 50-day moving average is $75.14 and its 200-day moving average is $70.47. The last closing price is up 16.57% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 1,475,814 shares of the stock traded hands, up from an average trading volume of 1,240,870
Zacks Investment Research has downgraded Northern Trust Corporation (NASDAQ:NTRS) to Hold in a report released on Wednesday November 30, 2016.
Previously on 11/29/2016, Zacks Investment Research reported on Northern Trust Corporation (NASDAQ:NTRS) increased the target price from $0.00 to $90.00. At the time, this indicated a possible upside of 0.12%.
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Northern Trust Corporation has a 52 week low of $54.38 and a 52 week high of $83.09 with a P/E ratio of 19.57 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 18 brokers have issued a research note on the company. The average stock price target is $74.03 with 2 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 11 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information About Northern Trust Corporation (NASDAQ:NTRS)
Northern Trust Corporation is a financial holding company. The Company provides asset servicing, fund administration, asset management, fiduciary and banking solutions for corporations, institutions, families and individuals around the world. The Company's segments include Corporate & Institutional Services (C&IS), Wealth Management, and Treasury and Other. The Company conducts its business through various the United States and non-United States subsidiaries, including The Northern Trust Company (Bank). The Company has a network of offices in over 20 states in the United States, Washington, District of Columbia (D.C), and approximately 20 international locations in Canada, Europe, the Middle East and the Asia-Pacific region. Asset Management, through the Company's subsidiaries, supports the C&IS and Wealth Management segments by providing a range of asset management and related services, and other products to customers around the world.
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