Alert: Positive Investment/Fundamental Signals (12/5/23)-Northern Trust Corp (NASDAQ: NTRS)


Extremely significant positive changes in Northern Trust Corp (NASDAQ: NTRS) investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Recent important positive changes in fundamentals have benefitted Northern Trust Corp (NASDAQ: NTRS): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

NTRS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Northern Trust has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Northern Trust has a good Appreciation Score of 77 but a slightly negative Power Rating of 38, resulting in the Neutral Value Trend Rating.

Recent Price Action

Northern Trust Corp (NASDAQ: NTRS) stock declined slightly by -0.01% on 12/5/23. The stock closed at $80.76. However, this decline was accompanied by below average trading volume at 76% of normal. The stock has performed in line with the market over the last nine months and has risen 5.9% during the last week.

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