Northern Trust Corporation (NTRS) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$161.60
Price Target
$153.75
Target Range
$148.00 — $160.00
Analyst Rating
Hold
Forward P/E14.9x
Trailing P/E18.5x
Forward PEG1.51
Implied Growth+17.4%
Median Target$153.50
Analyst Spread7.8%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$148
-8.4%
Consensus
$154
-4.9%
Bull Case
$160
-1.0%
Valuation Model TargetsConfidence: 58/100
Bear$138
Base$184
Bull$559
NTRS Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Northern Trust Corporation (NTRS) has a Wall Street consensus price target of $153.75, based on estimates from 35 covering analysts. With the stock currently trading at $161.60, this represents a potential downside of -4.9%. The company has a market capitalization of $29.95B.
Analyst price targets range from a low of $148.00 to a high of $160.00, representing a 8% spread in expectations. The median target of $153.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 13 analysts rating the stock as a Buy or Strong Buy,17 rating it Hold, and 5 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, NTRS trades at a trailing P/E of 18.5x and forward P/E of 14.9x. The forward PEG ratio of 1.51 indicates reasonable valuation for growth. Analysts expect EPS to grow +17.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $183.90, with bear and bull scenarios of $137.51 and $559.42 respectively. Model confidence stands at 58/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+8.0%
Avg Forward P/E12.8x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 STTState Street Corporation | $42.0B | $148.68 | $160.44 | +7.9% | Buy | 12.0x | 37 |
 BKThe Bank of New York Mellon Corporation | $91.1B | $132.36 | $139.86 | +5.7% | Buy | 15.1x | 35 |
 TROWT. Rowe Price Group, Inc. | $22.7B | $104.11 | $101.20 | -2.8% | Hold | 11.3x | 38 |
 BENFranklin Resources, Inc. | $15.8B | $30.46 | $28.75 | -5.6% | Hold | 11.2x | 27 |
 IVZInvesco Ltd. | $11.9B | $26.83 | $29.72 | +10.8% | Hold | 10.4x | 28 |
 GSThe Goldman Sachs Group, Inc. | $285.5B | $918.89 | $995.89 | +8.4% | Hold | 15.5x | 55 |
 MSMorgan Stanley | $301.1B | $189.21 | $205.75 | +8.7% | Buy | 15.9x | 52 |
 JPMJPMorgan Chase & Co. | $834.2B | $309.40 | $338.78 | +9.5% | Buy | 13.9x | 61 |
 WFCWells Fargo & Company | $247.1B | $79.89 | $98.13 | +22.8% | Hold | 11.4x | 60 |
 USBU.S. Bancorp | $86.5B | $55.60 | $63.82 | +14.8% | Hold | 10.9x | 49 |
Upside Potential Comparison
WFCUSBIVZJPMMSGSSTTBKFull NTRS Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See NTRS's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs NTRS Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare NTRS vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonNTRS — Frequently Asked Questions
Quick answers to the most common questions about buying NTRS stock.
What is the NTRS stock price target for 2026?
Wall Street's consensus price target for NTRS is $153.75, -4.9% from its current price of $161.6. The below-market target from 35 analysts suggests limited near-term appreciation.
Is NTRS a buy, sell, or hold?
NTRS has a consensus rating of "Hold" based on 35 Wall Street analysts. The rating breakdown is mixed, with 17 Hold ratings making up the largest segment. The consensus 12-month price target of $153.75 implies -4.9% downside from current levels.
Is NTRS stock overvalued or undervalued?
With a forward P/E of 14.9466x, NTRS trades at a relatively low valuation. The consensus target of $153.75 implies -4.9% move, suggesting the market may be pricing in risks.
How high can NTRS stock go?
The most bullish Wall Street analyst has a price target of $160 for NTRS, while the most conservative target is $148. The consensus of $153.75 represents the median expectation. Our quantitative valuation model projects a bull case target of $559 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover NTRS stock?
NTRS is heavily covered by Wall Street, with 35 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 13 have Buy ratings, 17 recommend Hold, and 5 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the NTRS stock forecast?
The 12-month NTRS stock forecast based on 35 Wall Street analysts shows a consensus price target of $153.75, with estimates ranging from $148 (bear case) to $160 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $184, with bear/bull scenarios of $138/$559.
What is NTRS's fair value based on fundamentals?
Our quantitative valuation model calculates NTRS's fair value at $184 (base case), with a bear case of $138 and bull case of $559. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 58/100.
What is NTRS's forward P/E ratio?
NTRS trades at a forward P/E ratio of 14.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 18.5x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy NTRS stock?
Analysts are cautious on NTRS, with 5 Sell ratings and a price target of $153.75 (-4.9% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do NTRS price targets vary so much?
NTRS analyst price targets range from $148 to $160, a 8% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $153.75 consensus represents the middle ground. Our model's $138-$559 range provides an independent fundamental perspective.