The PNC Financial Services Group (NYSE:PNC) Stock Price Target Lowered at Royal Bank Of Canada

The PNC Financial Services Group (NYSE:PNC) had its price target lowered by investment analysts at Royal Bank Of Canada from $273.00 to $250.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price target points to a potential upside of 14.97% from the stock’s current price.

A number of other equities analysts have also commented on PNC. Wells Fargo & Company lifted their price objective on The PNC Financial Services Group from $270.00 to $285.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Oppenheimer increased their target price on The PNC Financial Services Group from $271.00 to $281.00 and gave the company an “outperform” rating in a research note on Thursday, July 16th. Stephens increased their price objective on The PNC Financial Services Group from $265.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Robert W. Baird boosted their price objective on shares of The PNC Financial Services Group from $250.00 to $280.00 and gave the stock an “outperform” rating in a report on Thursday, July 16th. Finally, Barclays boosted their price objective on shares of The PNC Financial Services Group from $277.00 to $284.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $268.63.

The PNC Financial Services Group Stock Performance

PNC traded up $2.50 during trading on Friday, hitting $217.44. The stock had a trading volume of 675,238 shares, compared to its average volume of 2,210,263. The firm has a market cap of $86.75 billion, a PE ratio of 11.97, a P/E/G ratio of 1.13 and a beta of 0.94. The PNC Financial Services Group has a 12 month low of $176.88 and a 12 month high of $258.96. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 1.34. The company has a 50 day simple moving average of $236.03 and a 200-day simple moving average of $233.18.

The PNC Financial Services Group (NYSE:PNC) last released its earnings results on Thursday, October 15th. The financial services provider reported $5.09 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $0.18. The PNC Financial Services Group had a net margin of 21.41% and a return on equity of 12.48%. The firm had revenue of $6.60 billion during the quarter, compared to analyst estimates of $6.61 billion. During the same quarter in the previous year, the business earned $4.35 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Analysts expect that The PNC Financial Services Group will post 19.22 EPS for the current year.

Insider Transactions at The PNC Financial Services Group

In other news, EVP Stacy Juchno sold 3,354 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $255.84, for a total value of $858,087.36. Following the completion of the transaction, the executive vice president owned 18,800 shares in the company, valued at approximately $4,809,792. This represents a 15.14% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.38% of the stock is owned by company insiders.

Institutional Trading of The PNC Financial Services Group

Several institutional investors have recently made changes to their positions in the business. V Square Quantitative Management LLC lifted its stake in The PNC Financial Services Group by 4.8% during the third quarter. V Square Quantitative Management LLC now owns 9,994 shares of the financial services provider’s stock worth $2,221,000 after purchasing an additional 459 shares during the period. YANKCOM Partnership grew its stake in shares of The PNC Financial Services Group by 4.1% in the 3rd quarter. YANKCOM Partnership now owns 3,091 shares of the financial services provider’s stock valued at $687,000 after purchasing an additional 121 shares during the period. Bangor Savings Bank grew its stake in shares of The PNC Financial Services Group by 1.2% in the 3rd quarter. Bangor Savings Bank now owns 4,436 shares of the financial services provider’s stock valued at $986,000 after purchasing an additional 52 shares during the period. Moody National Bank Trust Division grew its stake in shares of The PNC Financial Services Group by 2.5% in the 3rd quarter. Moody National Bank Trust Division now owns 7,448 shares of the financial services provider’s stock valued at $1,655,000 after purchasing an additional 184 shares during the period. Finally, QRG Capital Management Inc. raised its holdings in shares of The PNC Financial Services Group by 56.8% in the 2nd quarter. QRG Capital Management Inc. now owns 81,704 shares of the financial services provider’s stock worth $20,117,000 after buying an additional 29,597 shares in the last quarter. 83.53% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting The PNC Financial Services Group

Here are the key news stories impacting The PNC Financial Services Group this week:

• Positive Sentiment: PNC reported third-quarter net income of $2.1 billion and adjusted diluted EPS of $5.09, exceeding analysts’ $4.91 estimate and rising from $4.35 a year earlier. Revenue increased 10.9% year over year to $6.60 billion. PNC Reports Third Quarter 2026 Net Income
• Positive Sentiment: Net interest income rose 2% sequentially to $4.21 billion, while average loans increased $9 billion, or 2%, and average deposits rose 1%. PNC also reported a 57% efficiency ratio and lower adjusted expenses, indicating improved operating leverage. PNC Q3 2026 Deep Dive
• Positive Sentiment: Expansion markets added roughly 500 commercial client relationships year to date, supporting management’s forecast for approximately 13.5% average loan growth in 2026. Full-year revenue guidance of $26.3 billion is in line with consensus. PNC Forecasts 2026 Loan Growth
• Neutral Sentiment: Management said better technology and service are key to limiting deposit outflows as customers can more easily move funds to higher-yielding alternatives, highlighting both PNC’s competitive response and ongoing funding pressure. PNC Combats AI-Enabled Deposit Flight
• Negative Sentiment: Revenue narrowly missed estimates, partly because funding costs pressured net interest income and fee income declined 6%. Profit also included $36 million of FirstBank integration costs. PNC Revenue Rises on National Expansion
• Negative Sentiment: Net loan charge-offs increased to $257 million from $179 million a year earlier, including $35 million connected with a student-loan portfolio transfer. TD Cowen also lowered its price target to $240 and maintained a “hold” rating. PNC Reports Third-Quarter Net Loan Charge-Offs

The PNC Financial Services Group Company Profile

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania. Through its banking and financial services businesses, PNC serves consumers, small and mid-sized businesses, corporations, government entities and institutional clients across the United States.

PNC’s principal activities include retail banking, corporate and institutional banking, and asset management. Its products and services include deposit accounts, consumer and business lending, mortgages, credit cards, treasury management, investment banking, commercial finance, wealth management and investment advisory services.