Stock Rating Upgrade
Of late the Value Trend Rating for Northern Trust Corp (NASDAQ: NTRS) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Northern Trust Corp (NASDAQ: NTRS) stock closed at $83.47 on 1/5/24 after an increase of 1.3%. This advance was accompanied by normal trading volume. The stock has declined -1.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NTRS is expected to continue to be a Value Builder.
Northern Trust has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Northern Trust has a neutral Power Rating of 55 but a good Appreciation Score of 77, producing the Positive Value Trend Rating.
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