PNC Financial Services Group (The) (PNC) Shares are Up 4.59%

PNC Financial Services Group (The) (PNC) : Traders are bullish on PNC Financial Services Group (The) (PNC) as it has outperformed the S&P 500 by a wide margin of 4.62% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.14%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.59% in the last 1 week, and is up 7.22% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

PNC Financial Services Group (The) (NYSE:PNC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $84.72 and $84.64 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $86.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $86.44, notching a gain of 3.05% for the day. The total traded volume was 3,227,182 . The stock had closed at $83.88 on the previous day.

The stock has recorded a 20-day Moving Average of 4.98% and the 50-Day Moving Average is 3.34%. The PNC Financial Services Group, Inc. is up 1.65% in the last 3-month period. Year-to-Date the stock performance stands at -7.58%.

PNC Financial Services Group (The) (PNC) : The highest short term price target forecast on PNC Financial Services Group (The) (PNC) is $100 and the lowest target price is $84. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $92.88 with a standard deviation of $6.02.


The PNC Financial Services Group, Inc. is a diversified financial services company in the United States. The Company has businesses engaged in retail banking, corporate and institutional banking, asset management and residential mortgage banking, as well as other products and services in its primary geographic markets located in Pennsylvania, Ohio, New Jersey, Michigan, Illinois, Maryland, Indiana, North Carolina, Florida, Kentucky, Washington, D.C., Delaware, Virginia, Alabama, Missouri, Georgia, Wisconsin and South Carolina. The Company operates through six segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, Residential Mortgage Banking, BlackRock and Non-Strategic Assets Portfolio.

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