Citigroup reissued their neutral rating on shares of Bank of N.T. Butterfield & Son (NYSE:NTB) in a research note issued to investors on Wednesday. Citigroup currently has a $42.00 target price on the bank’s stock.
Other research analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Bank of N.T. Butterfield & Son from a hold rating to a buy rating and set a $43.00 target price on the stock in a report on Thursday, January 11th. Wells Fargo & Co upgraded Bank of N.T. Butterfield & Son from a market perform rating to an outperform rating and set a $43.00 price objective on the stock in a research note on Tuesday, January 9th.
Bank of N.T. Butterfield & Son (NTB) opened at $40.27 on Wednesday. Bank of N.T. Butterfield & Son has a fifty-two week low of $29.81 and a fifty-two week high of $41.38. The firm has a market capitalization of $2,141.24, a price-to-earnings ratio of 14.37, a P/E/G ratio of 1.94 and a beta of 1.67. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.60 and a quick ratio of 0.60.
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About Bank of N.T. Butterfield & Son
The Bank of N.T. Butterfield & Son Limited (the Bank) provides banking services and wealth management services. The Bank’s geographic segments include Bermuda, the Cayman Islands and Guernsey, where its banking operations are located, and The Bahamas, Switzerland, and the United Kingdom, where it offers specialized financial services.
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