How Many PNC Financial Services Group Inc (NYSE:PNC)'s Analysts Are Bullish?

Leslie Hanson
October 12, 2017

Piper Jaffray Companies reiterated a "buy" rating and set a $134.00 target price on shares of PNC Financial Services Group, Inc. Currently, The PNC Financial Services Group, Inc.net profit margin for the 12 months is at 0%.

Company shares last traded at $135.57 a tad higher than $129.24, the 50 day moving average and a tad above the 200 day moving average of $124.53. About 331,122 shares traded.

PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings results on Thursday, April 13th. It has outperformed by 18.44% the S&P500.

Arosa Capital Management Lp increased its stake in Tenaris S A (TS) by 92.34% based on its latest 2017Q2 regulatory filing with the SEC. The shares were sold at an average price of $127.10, for a total value of $21,027,678.20. The firm's revenue was up 7.0% on a year-over-year basis. Amazon.Com Inc now has $477.98 billion valuation. (The) has raised its dividend by an average of 7.2% per year over the last three years and has increased its dividend every year for the last 6 years. During the last 52 weeks, the price has been as high as $48.85 and as low as $34.07. It has outperformed by 8.36% the S&P500. During the same period in the previous year, the business earned $1.82 earnings per share. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 75% are positive. PNC Financial Services had 71 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has "Buy" rating by BMO Capital Markets given on Tuesday, October 3. As per Wednesday, August 31, the company rating was initiated by Keefe Bruyette & Woods. The rating was upgraded by Raymond James on Thursday, October 6 to "Mkt Perform". The company was downgraded on Monday, May 2 by Howard Weil. The firm earned "Buy" rating on Monday, October 17 by Argus Research. Dermira Inc had 15 analyst reports since August 7, 2015 according to SRatingsIntel. (The) in a research note on Sunday, October 1st. Supplemental Annuity Collective Trust Of Nj invested 0.34% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC).

Investors sentiment increased to 0.93 in 2017 Q2. Its up 0.09, from 0.84 in 2017Q1.


PNC's Executive Vice President Van Wyk Steven C. Sell 5000 shares of the company at a price of $128.31 on 2017-07-26. JPMorgan Chase & Co. raised its stake in shares of PNC Financial Services Group, Inc. The financial services provider reported $2.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.02 by $0.08. Pub Employees Retirement Sys Of Ohio owns 0.24% invested in PNC Financial Services Group Inc (NYSE:PNC) for 344,036 shares. First Quadrant Limited Partnership Ca stated it has 45,226 shares. Kbc Grp Inc Nv accumulated 130,365 shares. Indiana & Investment Mgmt Co reported 2,593 shares. The Company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management. Burke Herbert Bancorp Tru holds 0.23% or 1,985 shares.

Investors are feeling more bullish on shares of the company lately as shown by the change in short interest. Cap One National Association holds 15,071 shares. Bb&T Securities Limited Co owns 192,568 shares or 0.35% of their U.S. portfolio. Fjarde Ap holds 0.29% of its portfolio in PNC Financial Services Group Inc (NYSE:PNC) for 116,863 shares.

PNC Financial Services Group (NYSE PNC) opened at 135.61 on Friday. Wilbanks Smith And Thomas Asset Mgmt Limited Liability Co invested in 20,452 shares or 0.22% of the stock. Gabelli Funds Ltd Liability owns 612,500 shares.

Toronto Dominion Bank decreased Apollo Global Management (NYSE:APO) stake by 372,800 shares to 710,000 valued at $18.78 million in 2017Q2. It also upped Aetna Inc (NYSE:AET) stake by 4,400 shares and now owns 35,783 shares. Valeant Pharmaceuticals International Inc (Put) (NYSE:VRX) was reduced too. Also Bizjournals.com published the news titled: "PNC at strategic point to invest in artificial intelligence, robotics" on September 13, 2017. The first sale was made at $0.175 but later the stock became weaker, and closed with a fall of -1.06%. Baring Asset Management Ltd invested in 12,721 shares. 285.20 million shares or 2.71% less from 293.14 million shares in 2017Q1 were reported.

TRADEMARK VIOLATION WARNING: "Tudor Investment Corp ET AL Trims Stake in PNC Financial Services Group, Inc". Whittier Company, California-based fund reported 13,915 shares. Rafferty Asset Management Llc has 1,955 shares. (NASDAQ:AMZN) for 47,847 shares. Envestnet Asset Mngmt Incorporated stated it has 61,933 shares. Monarch Cap Mngmt Inc has 3,913 shares for 0.19% of their portfolio. Citadel Advsr Llc invested 0.17% of its portfolio in Amazon.com, Inc. 11,598 were accumulated by Winslow Evans & Crocker. Kames Capital Public Limited Com holds 89,376 shares. In terms of efficiency, JPM has an asset turnover ratio of 0.04. Mizuho has "Buy" rating and $91 target. Therefore 30% are positive. The company was maintained on Friday, January 8 by Needham. The rating was maintained by Morgan Stanley on Monday, July 17 with "Equal-Weight". On Tuesday, October 3 the stock rating was maintained by BMO Capital Markets with "Buy". Jefferies maintained it with "Hold" rating and $65.0 target in Friday, September 8 report. Of the 29 analysts surveyed by Reuters that track PNC 17 of them rate its stock a hold. The stock of Dermira Inc (NASDAQ:DERM) has "Buy" rating given on Friday, September 15 by Needham. As per Thursday, December 1, the company rating was maintained by Canaccord Genuity.

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