Deutsche Bank (DE:DBKGn) analyst Brian Bedell maintained a Hold rating on Northern Trust on Thursday, setting a price target of $83, which is approximately 6.62% above the present share price of $77.85.
Bedell expects Northern Trust to post earnings per share (EPS) of $1.56 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Hold rating of shares in Northern, with an average price target of $86.83.
The analysts price targets range from a high of $108 to a low of $73.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.39 billion and a net profit of $0. The company's market cap is $16.68 billion.
According to TipRanks.com, Deutsche Bank analyst Brian Bedell is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 2.4% and a 48.97% success rate.
Northern Trust Corp (NASDAQ:NTRS). is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals. It operates through the following segments: Corporate & Institutional Services and Wealth Management. The Corporate & Institutional Services Segment offers asset servicing, brokerage, banking and related services to corporate and public retirement funds, foundations, endowments, fund managers, insurance companies, and sovereign wealth funds. The Wealth Management Segment includes trust, investment management, custody, and philanthropic services, financial consulting; guardianship and estate administration, family business consulting; family financial education, brokerage services and private and business banking. Northern Trust was founded in 1971 and is headquartered in Chicago, IL.