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PNC Financial Services Group Inc (NYSE:PNC) has been downgraded to Neutral in a statement by Nomura earlier today.

Nomura has downgraded PNC Financial Services Group Inc (NYSE:PNC) to Neutral in a statement released on 10/10/2016.

Having a price of $91.42, PNC Financial Services Group Inc (NYSE:PNC) traded 0.39% higher on the day. With the last stock price up 6.68% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. PNC has recorded a 50-day average of $89.22 and a two hundred day average of $86.03. Trade Volume was down over the average, with 776,120 shares of PNC changing hands under the typical 2,519,320

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PNC Financial Services Group Inc (NYSE:PNC)

PNC Financial Services Group Inc has PE ratio of 12.66 with a one year low of $77.40 and a one year high of $97.50 and has a market capitalization of $0.

A total of 26 brokers have issued a report on the stock. 4 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 21 equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $94.27.

Brief Synopsis About PNC Financial Services Group Inc (NYSE:PNC)

The PNC Financial Services Group, Inc. (PNC) is a diversified financial services company in the United States. The Company operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio. Retail Banking provides deposit, lending, brokerage, investment management and cash management services. Corporate & Institutional Banking provides lending, treasury management and capital markets-related products and services. Asset Management Group includes personal wealth management for high net worth and ultra-high net worth clients and institutional asset management. Residential Mortgage Banking directly originates first lien residential mortgage loans on a nationwide basis. BlackRock provides investment and risk management services to institutional and retail clients. Non-Strategic Assets Portfolio includes residential mortgage and brokered home equity loans.

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