StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 9.3
Power Rank trend -> Rising
07/08/2024 11:29:00 EST
Northern Trust Corporation (NTRS)
Industry: Asset Management
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, NTRS has been trading in a range between $83.98 and $79.84 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Northern Trust Corporation $NTRS entered a Red zone 1 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $74.85, a potential down side of -9.96% from the recent price of 83.13. The stock is trading 6.39% (potential upside) below its 52 week high of $88.44 and 36.88 % (potential downside) above its 52 week low of $60.73 - based on the recent price.
Company Summary
Northern Trust Corporation, a financial holding company, provides wealth management, asset servicing, asset management, and banking solutions for corporations, institutions, families, and individuals worldwide It operates in two segments, Asset Servicing and Wealth Management. The Asset Servicing segment offers asset servicing and related services, including custody, fund administration, investment operations outsourcing, investment management, investment risk and analytical services, employee benefit services, securities lending, foreign exchange, treasury management, brokerage services, transition management services, banking, and cash management services.
News
| Valverde Investment Partners Appoints Northern Trust to Provide Asset Servicing Solutions for its VCC Fund SINGAPORE--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announced that it has been appointed by Valverde Investment Partners Pte Ltd. (Valverde) to provide custody, fund administration, foreign exchange and cash management services for its newly formed Variable Capital Company (VCC) fund, along with its sub-fund, ASEAN+ Fund (VAPF). Valverde is a newly established, Singapore-based, independent investment management firm specializing in ASEAN equities. The VCC launch and its sub-fund, Va. Source: Business Wire Mon, 01 Jul 2024 21:00:00 -0400 Sentiment: Neutral |
| Northern Trust Releases Sustainability Report CHICAGO--(BUSINESS WIRE)--Northern Trust has released its latest Sustainability Report, highlighting efforts to create better and more sustainable futures for our clients, employees, shareholders, communities and the world we live in. “Ethical business practices, risk identification and mitigation and caring for our communities are fundamental to our core strategy as a responsible business,” Chairman and Chief Executive Officer Michael O'Grady and Kimberly Evans, Head of Corporate Sustainabilit. Source: Business Wire Mon, 01 Jul 2024 11:20:00 -0400 Sentiment: Neutral |
| Northern Trust Corporation announces 2024 Stress Capital Buffer CHICAGO--(BUSINESS WIRE)--Northern Trust Corporation today commented on the results of the Federal Reserve's 2024 Comprehensive Capital Analysis and Review (CCAR). Based on the 2024 CCAR results, Northern Trust will be subject to a preliminary stress capital buffer (SCB) of 2.5 percent, which is the minimum SCB requirement under the applicable regulation and unchanged from the current level. The SCB will be effective from October 1, 2024, to September 30, 2025, and will equate to a minimum comm. Source: Business Wire Fri, 28 Jun 2024 17:44:00 -0400 Sentiment: Neutral |
| Canada Life Asset Management Appoints Northern Trust for Asset Servicing Solutions LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) today announces it has been selected by Canada Life Asset Management (CLAM), for asset servicing solutions including middle office outsourcing, global custody, securities lending, fund administration and depositary services. Northern Trust's appointment consolidates the provision of all CLAM middle office solutions with a single service provider and includes the provision of both investment book of record and data solutions. Headquartered i. Source: Business Wire Tue, 25 Jun 2024 04:00:00 -0400 Sentiment: Neutral |
| Northern Trust Asset Management Announces Naoto Komoro as Head of Japan Office TOKYO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.2 trillion in assets under management as of March 31, 2024, today announces it has appointed Naoto Komoro to lead its asset management business in Japan. Komoro will also continue in his current role as Head of Institutional Client Group, Japan and becomes Representative Director and Chair of the Board of NTGI, subject to regulatory approval. Effective immediately, Komoro will rep. Source: Business Wire Thu, 20 Jun 2024 00:00:00 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 88.4412 52 Week Low: 60.7284 Beta: 1.11 50 Day MA: 83.6496 200 Day MA: 79.5596 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.365 Qtr Revenue Growth YOY: -0.043 Forward PE: 12.9032 Trailing PE: 18.351