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Northern Trust: Deutsche Bank maintains a 'Hold' Rating, The Target Price is $84
ByAinvest
Thursday, Aug 15, 2024 4:00 pm ET1min read
Deutsche Bank maintains 'Hold' rating on Northern Trust(NTRS).
The target price is $84, compare with $85 previously.
[Recent Rating]
| Date | Agency | Change | Rating | Rating （previously） | Target Price | Target Price（previously） |
|---|---|---|---|---|---|---|
| 2024-08-15 | Deutsche Bank | Maintains | Hold | Hold | $84 | $85 |
| 2024-07-30 | Morgan Stanley | Maintains | Underweight | Underweight | $93 | $97 |
| 2024-07-18 | RBC Capital | Maintains | Outperform | Outperform | $90 | $86 |
[Recent Earning Results] Northern Trust posted the Q2 of its 2024 financial results on 8/1/2024, reporting total revenue of USD 4362.30 million in the first half of the year, up 24.58% from USD 3501.70 million year over year, reporting net income of USD 1110.80 million in the first half of the year, up 66.69% from USD 666.40 million year over year.
[Company Profile] Northern Trust Corporation was incorporated in the State of Delaware. The company is a leading provider of wealth management, asset servicing, asset management and banking solutions to corporations, institutions, families and individuals. The Corporation is a financial holding company conducting business through various U.S. and non-U.S. subsidiaries, including The Northern Trust Company (Bank).
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