12:00 PM EDT, 05/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

With the share price up 27% since April lows, we think there is less upside potential to our target. Our target is $115, with a narrower risk premium and a forward P/E of 13.1x our 2026 EPS compared to the five-year historic average at 13.0x on the next twelve months (NTM) earnings. Applying price to tangible book value, a common metric for banks, the share price is trading at 2.1x compared to the five-year historic average at 2.0x. As one of the leading custodial banks, NTRS has businesses that are less sensitive to wide swings in the capital markets, and it benefits from a high percentage of recurring non-interest income.