PNC) Buy rating maintained at Piper Jaffray; $ 134.0 Objective in place – tech2.org

PNC) Buy rating maintained at Piper Jaffray; $ 134.0 Objective in place



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December 2, 2017 – By Dolores Ford

   Reaffirmed: PNC Financial (NYSE: PNC) Purchase rating maintained at Piper Jaffray; $ 134.0 Target in Place

Investor confidence increased to 0.93 in the second quarter of 2017. It rose 0.09, from 0.84 in 2017Q1. It is positive, since 59 investors sold shares of The PNC Financial Services Group, Inc., while 347 shares were reduced. 85 funds opened positions while 293 increased positions. 381.37 million shares or 1.04% less than 385.39 million shares were reported in 2017.

Tci Wealth Advsrs said it has 0.02% in The PNC Financial Services Group, Inc. (NYSE: PNC). Delta Cap Mngmt Llc owns 31,298 shares. Voloridge Investment Mngmt Limited Com reported 0.12% at The PNC Financial Services Group, Inc. (NYSE: PNC). 415,388 were accumulated by Credit Agricole S. A. Nationwide Fund Advsr invested in 0.26% or 515,234 shares. Meiji Yasuda Asset Ltd accumulated 7,839 shares. Security National has 3,727 shares. Amer Bank & Trust has invested 0.01% in The PNC Financial Services Group, Inc. (NYSE: PNC). Century accumulated 5.18 million shares. Highstreet Asset Mgmt reported 0.32% at The PNC Financial Services Group, Inc. (NYSE: PNC). Pinnacle Advisory Group accumulated 2,773 shares. Schwartz Inv Counsel Incorporated invested in 184,900 shares. Fragbado Gru Inc holds 0.68% or 17,770 shares. Brandywine Glob Investment Management Limited Co has 537,209 shares. Koch Industries reported 0.37% of its portfolio in The PNC Financial Services Group, Inc. (NYSE: PNC).

PNC Financial (NYSE: PNC) Rating Reaffirmed

Piper Jaffray now has a target price of $ 134.0 on the $ 67.09 billion company's market capital or bearish potential -4.96%. In an badysts' report sent to investors and clients on Monday morning, shares of PNC Financial (NYSE: PNC) have been reiterated by research badysts at Piper Jaffray.

Investor confidence increased to 0.93 in Q2 2017. It rose 0.09, from 0.84 in 2017Q1. It is positive, since 59 investors sold shares of The PNC Financial Services Group, Inc., while 347 shares were reduced. 85 funds opened positions while 293 increased positions. 381.37 million shares were reported or 1.04% less than 385.39 million shares in 2017Q1.

Tci Wealth Advsrs said it has 0.02% stake in The PNC Financial Services Group, Inc. (NYSE: PNC). Delta Cap Mngmt Llc owns 31,298 shares. Voloridge Investment Mngmt Limited Com reported 0.12% at The PNC Financial Services Group, Inc. (NYSE: PNC). 415,388 were accumulated by Credit Agricole S. A. Nationwide Fund Advsr invested in 0.26% or 515,234 shares. Meiji Yasuda Asset Ltd accumulated 7,839 shares. Security National has 3,727 shares. Amer Bank & Trust has invested 0.01% in The PNC Financial Services Group, Inc. (NYSE: PNC). Century accumulated 5.18 million shares. Highstreet Asset Mgmt reported 0.32% at The PNC Financial Services Group, Inc. (NYSE: PNC). Pinnacle Advisory Group accumulated 2,773 shares. Schwartz Inv Counsel Incorporated invested in 184,900 shares. Fragbado Gru Inc holds 0.68% or 17,770 shares. Brandywine Glob Investment Management Limited Co has 537,209 shares. Koch Industries reported 0.37% of its portfolio in The PNC Financial Services Group, Inc. (NYSE: PNC).

Ratings coverage of PNC Financial Services Group, Inc. (NYSE: PNC)

Among 31 badysts covering PNC Financial Services (NYSE: PNC), 10 are rated Buy, 1 Sell and 20 Hold. Therefore, 32% is positive. PNC's financial services have a higher limit of $ 145.0 and a minimum of $ 86. The average goal of $ 126.11 is -10.56% below the current $ 141 share price. PNC Financial Services had 79 badyst reports from August 6, 2015 in accordance with SRatingsIntel. The qualification was maintained by Keefe Bruyette & Woods on Thursday, June 22 with "Hold". The firm has a "Suspension" rating awarded on Thursday, October 19, by Wells Fargo. The firm has a "Hold" rating awarded on Thursday, June 8 by Jefferies. Deutsche Bank upgraded the PNC Financial Services Group, Inc. (NYSE: PNC) on Tuesday, September 8 to the "Buy" rating. The shares of The PNC Financial Services Group, Inc. (NYSE: PNC) have a "Neutral" rating granted on Monday, October 16 by Credit Suisse. The company was maintained on Tuesday, July 25 by Deutsche Bank. According to Wednesday, September 2, KBW updated the company's rating. Piper Jaffray held The PNC Financial Services Group, Inc. (NYSE: PNC) on Monday, October 2 with a "Buy" rating. The shares of The PNC Financial Services Group, Inc. (NYSE: PNC) obtained a "Suspension" rating by Jefferies on Monday, September 26. Rafferty upgraded PNC Financial Services Group, Inc. (NYSE: PNC) on Monday, July 17 to "Buy" Rating.

The stock increased 0.31% or $ 0.44 during the last trading session, reaching $ 141. Around 2.58 million shares traded or 41.35% more than the average. The PNC Financial Services Group, Inc. (NYSE: PNC) has risen 35.14% since December 2, 2016 and is trending upward. It has surpbaded the S & P500 by 18.44%.

Analysts expect PNC Financial Services Group, Inc. (NYSE: PNC) to report earnings on January 12. They expect $ 2.23 earnings per share, up to 13.20% or $ 0.26 from the $ 1.97 last year per share. The PNC gain will be $ 1.06B for 15.81 P / E if the EPS of $ 2.23 becomes reality. After the real earnings per share of $ 2.16 reported by The PNC Financial Services Group, Inc. for the previous quarter, Wall Street now forecasts a 3.24% growth in EPS.

The PNC Financial Services Group, Inc. operates as a diversified financial services firm in the United States and internationally. The company has a market capital of $ 67.09 billion. The company's retail banking segment offers deposit, loan, brokerage, investment management and cash management services to consumer customers and small businesses through branch networks, ATMs, call centers, online banking and channels. mobile It has a P / E ratio of 17.24. As of December 31, 2016, this segment operated a network of 2,520 branches and 9,024 ATMs.

Highlights News from PNC Financial Services Group, Inc. (NYSE: PNC) was published by: Prnewswire.com which posted: "The PNC Financial Services Group will report the fourth quarter and the full year …" the November 14, 2017, also Investorplace.com with its article: "The decrease in the visibility of earnings downgrade PNC Financial Services Group (PNC)", published on November 7, 2017, Bizjournals.com published: "Attention, Buyers of Holiday Bargains – is PNC's 12-Day Christmas Price Index "on November 15, 2017. More interesting news about PNC Financial Services Group, Inc. (NYSE: PNC) was released by: Nasdaq.com and its article: "Panagora Asset Management Inc. buys PNC Financial Services Group Inc, Devon …" published on November 15, 2017, as well as the Nasdaq.com news article titled: "Carderock Capital Management Inc. Purchases PNC Financial Services Group Inc … "with date published: November 17, 2017.

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