Key Highlights

● NTRS closed at $168.21 on 9 October 2026.

● Market data consensus target is $183.93, implying about 9.35% upside.

● The analyst rating consensus is Hold.

● Citigroup raised its target from $182 to $186 on 5 October.

Northern Trust (NASDAQ:NTRS), a member of the S&P 500, finished Friday 9 October 2026 at $168.21. The consensus target sits moderately above the share price, and ratings lean neutral.

What Is the Latest Analyst Price Target?

Market data shows a consensus price target of $183.93 from 15 analysts with ratings in the last 12 months, implying upside of about 9.35% from the $168.21 close. Individual targets range from $169 to $200. The second data set shows a mean of $181.71 and a median of $184.50 from 16 analysts, with a high of $194 and a low of $158.

What Are Wall Street Analysts Saying?

Sentiment is cautious. Market data records three Buy, ten Hold and two Sell ratings, giving a consensus rating of Hold. The second data set shows a similar picture, with two Strong Buy, twelve Hold, one Sell and one Strong Sell. Recent named broker actions listed by market data include TD Cowen initiating coverage with a Hold rating and a $175 target on 8 October, Capital One setting a $190 target on 6 October, and BMO Capital Markets lowering its target from $208 to $190 on the same day while keeping Outperform.

Citigroup raised its target from $182 to $186 with a Neutral rating on 5 October, JPMorgan trimmed its target from $185.50 to $185 with Neutral on 2 October, and Evercore set a $183 target on 1 October. In July, Wells Fargo raised its target to $194, Barclays raised its to $189, and Royal Bank of Canada downgraded the shares to Sector Perform.

What Could Help the Stock Reach the Price Target?

The consensus target suggests upside of roughly 9%, and several recent targets sit above the current price. BMO's and Capital One's $190 targets both imply room for gains. Brokers including Barclays, Wells Fargo and Morgan Stanley raised their targets after the July results period, which points to improved expectations at that stage.

What Could Prevent the Stock Reaching the Target?

The ratings skew towards Hold, so many analysts do not see the shares as clearly undervalued. Morgan Stanley carries an Underweight rating and Keefe, Bruyette & Woods an Underperform rating, according to market data. BMO's cut of its target by $18 shows that targets can move down as well as up. The low end of the target range, $169, is only slightly above the share price, and the second data set shows a low of $158, below it. Financial stocks can also be affected by interest-rate moves, market volatility and changes in client activity.

What Should Investors Watch Next?

Investors may wish to follow further target revisions in the meantime.

How Analysts See Northern Trust After the Latest Close

Northern Trust closed at $168.21 on 9 October 2026, against a market data consensus target of $183.93. Citigroup raised its target from $182 to $186 with a Neutral rating on 5 October, JPMorgan trimmed its target from $185.50 to $185 with Neutral on 2 October, and Evercore set a $183 target on 1 October.