PNC Financial Services Group (The) (PNC) Receives ‘Analyst’ Rating

PNC Financial Services Group (The) (PNC) has an average broker rating of 2.26, which is interpreted as a Buy, as rated by 19 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

PNC Financial Services Group (The) (PNC) : 11 investment research analysts covering PNC Financial Services Group (The) (PNC) have an average price target of $93 for the near short term. The highest target price given by the Brokerage Firm to the stock is $100 and the lowest target is $84 for the short term. Analysts expect the variance to be within $6.48 of the average price.


Also, Major Brokerage house, Keefe Bruyette & Woods assumes its ratings on PNC Financial Services Group (The) (NYSE:PNC). In the latest research report, Keefe Bruyette & Woods announces the target price to $96 per share. According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on August 31, 2016.

PNC Financial Services Group (The) (NYSE:PNC): After opening at $89.06, the stock dipped to an intraday low of $88.82 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $90.64 and the buying power remained strong till the end. The stock closed at $90.32 for the day, a gain of 1.15% for the day session. The total traded volume was 2,940,364. The stocks close on the previous trading day was $89.29.

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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