PNC Financial Services Group Inc (NYSE:PNC) target price raised to $98.50, issued a report today by Vetr Inc.
- Updated: September 26, 2016
Yesterday PNC Financial Services Group Inc (NYSE:PNC) traded -1.83% lower at $87.77. The company’s 50-day moving average is $88.06 and its 200-day moving average is $85.75. The last stock close price is up 2.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,067,853 shares of the stock were exchanged, up from an average trading volume of 2,641,640
PNC Financial Services Group Inc (NYSE:PNC) had its target price raised to $98.50 by Vetr Inc. in a report released 9/26/2016. The new target price indicates a possible upside of 0.12% based on the company's last stock close price.
Previously on 09/19/2016, BMO Capital Markets reported about PNC Financial Services Group Inc (NYSE:PNC) raised the target price from $94.00 to $101.00. At the time, this indicated a possible upside of 0.13%.
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PNC Financial Services Group Inc has a 52 week low of $77.40 and a 52 week high of $97.50 with a P/E ratio of 12.11 The company’s market cap is currently $0.
Also covering PNC Financial Services Group Inc's price target, a total of 26 brokers have issued a report on the stock. The one year target is $94.27 with 4 firms rating the stock a strong buy, seven analysts rating the stock a buy, 21 brokerages rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell.
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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