Analyst Ratings for PNC Financial Services Group Inc. (PNC)Updated: 2017-07-28
Analysts covering PNC Financial Services Group Inc. (NYSE:PNC) have given it a consensus rating of Overweight. About 30 days ago, PNC was issued an average rating of Overweight.
31 analysts issued ratings on the stock, where 12 gave PNC a buy rating, 2 gave an overweight rating, 17 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for PNC. The most optimistic price target was 146, implying a possible profit of 14.29 percent. The lowest price target was 114, implying a possible loss of -10.76 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 1.44 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 1.93 percent. Meanwhile, fiscal year estimates have been revised upwards by 1.52 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.95 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 7 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Also over the last month, 8 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
PNC has an estimated earnings growth rate of 6 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PNC is 2.71.
PNC has traded between a high of 131.83 and a low of 81.35 over the past year. The current market price is above the trailing year's low by 57.03 percent, and 3.1 percent lower than its 52-week high. PNC has a P/E ratio of 16.25. Investors typically compare the P/E ratio to a company's peers in the industry. The PNC value stock report compares PNC to some of its peers using value stock charts. The market cap of PNC is $61.28 billion. PNC's next earnings release will be on 0000-00-00, which is days away.