PNC (NYSE:PNC) has been upgraded from Underperform to Mkt Perform in a statement by Raymond James earlier today.
- Updated: October 6, 2016
Boasting a price of $91.52, PNC (NYSE:PNC) traded 1.13% higher on the day. With the last stock price close up 6.47% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. PNC has recorded a 50-day average of $88.88 and a two hundred day average of $85.96. Volume of trade was up over the average, with 3,382,503 shares of PNC changing hands over the typical 2,569,630
Raymond James has upgraded PNC (NYSE:PNC) from Underperform to Mkt Perform in a statement released on 10/6/2016.
On 9/26/2016, Vetr Inc. released a statement for PNC (NYSE:PNC) bumped up the target price from $0.00 to $98.50 that suggested an upside of 0.12%.
With a total market value of $0, PNC has price-earnings ratio of 12.63 with a one year low of $77.40 and a one year high of $97.50 .
A total of 26 equity analysts have released a ratings update on PNC. Four equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, twenty-one 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 (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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