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.
Many analysts weighed in on price targets for PNC. The most optimistic analyst gave a price target of 146, which equates to a potential upside of 14.29 percent. The most pessimistic analyst gave a price target of 114, implying potential capital losses of -10.76 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.44 percent. That number becomes 1.93 percent if we expand the time horizon to include the past 3 months instead of just one. 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. 7 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. Over the same time period, 8 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of PNC's earnings is estimated by analysts to be 6 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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. Today's price is 57.03 percent above the 52-week low, and 3.1 percent below the high. PNC has a price/earnings 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 stock has a market capitalization of $61.28 billion. PNC will post this quarters earnings in days, on 0000-00-00.