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Fee Headwinds And Market Shifts Will Shape Margins In Coming Quarters

Published
08 Aug 24
Updated
24 Oct 25
AnalystConsensusTarget's Fair Value
US$134.86
6.4% undervalued intrinsic discount
24 Oct
US$126.20
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1Y
23.9%
7D
-2.1%

Author's Valuation

US$134.866.4% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on24 Oct 25
Fair value Increased 1.23%

Analysts have modestly increased their fair value estimate for Northern Trust to $134.86 per share, citing adjusted discount rates, slight shifts in revenue growth assumptions, and a resilient profit margin outlook. This follows mixed but generally stable Street sentiment on recent results and future prospects.

Shared on10 Oct 25
Fair value Increased 5.40%

The analyst consensus price target for Northern Trust has been raised from approximately $126 to $133 per share. This reflects modest model adjustments and a generally cautious but stable outlook from analysts on trust banks and capital market trends.

Shared on26 Sep 25
Fair value Increased 1.72%

Northern Trust’s consensus price target was modestly raised to $126.38, as analysts cited outperformance in asset growth, market-driven fee gains, and relatively strong profitability, though concerns remain about valuation following speculation-driven rallies and persistent market volatility. Analyst Commentary Strong growth in assets under custody/administration (AUC/A) outpacing peers, especially when isolating from general market effects.

Shared on11 Sep 25
Fair value Increased 1.71%

Analyst price targets for Northern Trust rose to $124.25 as bullish views center on superior long-term asset growth, improved profitability from market tailwinds, and renewed M&A speculation, though the stock’s recent rally and regulatory hurdles temper upside expectations. Analyst Commentary Bullish analysts are raising price targets on Northern Trust due to strong long-term growth in assets under custody/administration, which significantly outpaced peers since the post-GFC period, benefiting from rising equity and fixed income markets.

Shared on27 Aug 25
Fair value Increased 3.72%

Driven by robust AUC/A growth, improving profitability, and positive market and revenue trends—partially offset by skepticism around deal speculation and regulatory hurdles—analysts have raised Northern Trust’s price target from $117.79 to $122.17. Analyst Commentary Bullish analysts cite robust growth in assets under custody/administration (AUC/A) at Northern Trust, outpacing peers when market effects are stripped out.

Shared on23 Apr 25
Fair value Decreased 10%