The PNC Financial Services Group, Inc. (NYSE:PNC) has analysts on the Bullish side this week.

June 23, 2018 - By Vivian Park

The PNC Financial Services Group, Inc. (NYSE:PNC) LogoInvestors sentiment decreased to 0.72 in 2018 Q1. Its down 0.32, from 1.04 in 2017Q4. It dived, as 54 investors sold The PNC Financial Services Group, Inc. shares while 421 reduced holdings. 91 funds opened positions while 253 raised stakes. 373.26 million shares or 0.84% less from 376.44 million shares in 2017Q4 were reported.
Pub Sector Pension Board invested in 121,326 shares or 0.13% of the stock. Amg Funds Ltd Company holds 9,012 shares or 0.79% of its portfolio. Illinois-based Nuveen Asset Mgmt Ltd Liability Corp has invested 0.01% in The PNC Financial Services Group, Inc. (NYSE:PNC). State Of New Jersey Common Pension Fund D invested 0.35% in The PNC Financial Services Group, Inc. (NYSE:PNC). Wesbanco Retail Bank owns 80,250 shares. Maryland Cap Management holds 2,471 shares. Bowling Port Llc holds 0.52% of its portfolio in The PNC Financial Services Group, Inc. (NYSE:PNC) for 25,232 shares. Third Avenue Ltd Liability Corp owns 39,960 shares. Moreover, Boothbay Fund Mngmt Limited Liability Com has 0.03% invested in The PNC Financial Services Group, Inc. (NYSE:PNC) for 1,500 shares. Fil reported 0.41% stake. Texas Permanent School Fund accumulated 121,849 shares. Ohio-based Lifeplan Fincl Gru has invested 0.1% in The PNC Financial Services Group, Inc. (NYSE:PNC). Amica Retiree Medical Tru has invested 0.54% in The PNC Financial Services Group, Inc. (NYSE:PNC). Cutler Inv Counsel Limited Company has 3,395 shares for 0.1% of their portfolio. Gateway Inv Advisers Llc, a Ohio-based fund reported 25,734 shares.

Since January 17, 2018, it had 0 insider purchases, and 1 insider sale for $1.24 million activity.

The PNC Financial Services Group, Inc. (NYSE:PNC) Ratings Coverage

Among 14 analysts covering PNC Financial (NYSE:PNC), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. PNC Financial had 25 analyst reports since January 2, 2018 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Tuesday, March 13 report. The rating was maintained by Susquehanna on Monday, January 15 with “Hold”. RBC Capital Markets maintained The PNC Financial Services Group, Inc. (NYSE:PNC) rating on Friday, January 12. RBC Capital Markets has “Buy” rating and $170.0 target. As per Monday, January 8, the company rating was maintained by Jefferies. Morgan Stanley maintained the shares of PNC in report on Friday, February 2 with “Equal-Weight” rating. The firm earned “Hold” rating on Tuesday, April 10 by Susquehanna. The firm earned “Buy” rating on Friday, January 12 by Sandler O’Neill. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. As per Friday, April 13, the company rating was maintained by BMO Capital Markets. Jefferies maintained The PNC Financial Services Group, Inc. (NYSE:PNC) on Sunday, April 15 with “Hold” rating. Below is a list of The PNC Financial Services Group, Inc. (NYSE:PNC) latest ratings and price target changes.

30/05/2018 Broker: Robert W. Baird Rating: Buy New Target: $153.0000 Maintain
04/05/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $166 New Target: $168 Maintain
15/04/2018 Broker: Jefferies Rating: Hold New Target: $167.0000 Maintain
15/04/2018 Broker: Piper Jaffray Rating: Buy New Target: $160.0000 Maintain
13/04/2018 Broker: BMO Capital Markets Rating: Buy New Target: $168.0000 Maintain
13/04/2018 Broker: Sandler O’Neill Rating: Buy New Target: $163.0000 Maintain
10/04/2018 Broker: Susquehanna Rating: Hold New Target: $147.0000 Maintain
06/04/2018 Broker: Vining Sparks Rating: Buy New Target: $170.0000 Upgrade
04/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $162.0000 Maintain
13/03/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $160 New Target: $166 Maintain

The stock decreased 1.40% or $1.98 during the last trading session, reaching $139.36. About 2.77 million shares traded or 23.02% up from the average. The PNC Financial Services Group, Inc. (NYSE:PNC) has risen 21.98% since June 23, 2017 and is uptrending. It has outperformed by 9.41% the S&P500.

The PNC Financial Services Group, Inc. operates as a diversified financial services firm in the United States and internationally. The company has market cap of $65.43 billion. The companyÂ’s Retail Banking segment offers deposit, lending, brokerage, investment management, and cash management services to consumer and small business clients through branch network, ATMs, call centers, online banking, and mobile channels. It has a 12.87 P/E ratio. As of December 31, 2016, this segment operated a network of 2,520 branches and 9,024 ATMs.

More important recent The PNC Financial Services Group, Inc. (NYSE:PNC) news were published by: Bizjournals.com which released: “PNC provides financing for acquisition of national retailer of athletic shoes” on June 18, 2018, also Prnewswire.com published article titled: “PNC Releases Results Of Annual Dodd-Frank Company-Run Stress Test”, Globenewswire.com published: “New Research Coverage Highlights Matrix Service, The PNC Financial Services Group, Williams-Sonoma, GrubHub …” on June 13, 2018. More interesting news about The PNC Financial Services Group, Inc. (NYSE:PNC) was released by: Bizjournals.com and their article: “$10.5M funding deal creates jobs, focus on future workforce in Bradenton” with publication date: June 22, 2018.

The PNC Financial Services Group, Inc. (NYSE:PNC) Institutional Positions Chart

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