PNC Financial Services Group, I – Consensus indicates downside potential of -3.4%
PNC Financial Services Group, I with mnemonic code (PNC) now have 18 total analysts covering the stock. The consensus rating is âHoldâ. The target price varies between 230 and 169 by calculating the average target price that we see 191.42. Given that the previous close of shares was at 198.18, this would imply a potential downside of -3.4%. The 50-day moving average now stands at 179.66 while the 200-day moving average is 155.53. The company has a market capitalization of $ 84,508 million. Company website: http://www.pnc.com
The PNC Financial Services Group operates as a diversified financial services company in the United States. It operates through three segments: retail banking, corporate and institutional banking and asset management group. The Retail Banking segment offers brokerage, insurance, investment and cash management services; checking, savings and money market accounts; certificates of deposit; and loan products, which include residential mortgages, home equity loans and lines of credit, auto loans, student loans, and personal and small business loans, and personal and small business credit cards. individuals and small businesses through a network of branches, ATMs, call centers, and online and mobile banking channels. The Corporate & Institutional Banking segment provides secured and unsecured loans, letters of credit and equipment leases; debts, receivables, deposits and accounts, cash and investments, and online and mobile banking products and services; foreign exchange services, derivatives, underwriting of securities, loan syndications, mergers and acquisitions and advisory services relating to equity capital markets; and commercial loan services and technology solutions for the commercial real estate finance industry. The Asset Management Group segment offers investment and retirement planning, personalized investment management, private banking and trust management and administration solutions; and multigenerational family planning products, such as estate, financial, tax, fiduciary, investment management and advisory services, personal administration, asset custody, and personalized performance reporting. This industry also offers outsourced solutions of chief investment officer, custody, private real estate, liquidity and fixed income, and retirement trust advisory services. As of December 31, 2020, it operated 2,162 branches and 8,900 ATMs. The PNC Financial Services Group was founded in 1852 and is headquartered in Pittsburgh, Pennsylvania.