The PNC Financial Services Group (NYSE:PNC) Given New $260.00 Price Target at TD Cowen

The PNC Financial Services Group (NYSE:PNC) had its price objective lifted by equities researchers at TD Cowen from $250.00 to $260.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. TD Cowen’s target price would indicate a potential upside of 17.03% from the stock’s previous close.

Several other research firms have also recently weighed in on PNC. Keefe, Bruyette & Woods boosted their price objective on shares of The PNC Financial Services Group from $228.00 to $247.00 and gave the company a “market perform” rating in a report on Tuesday. Truist Financial lifted their target price on shares of The PNC Financial Services Group from $210.00 to $229.00 and gave the stock a “hold” rating in a research report on Thursday, December 18th. Wells Fargo & Company boosted their target price on shares of The PNC Financial Services Group from $252.00 to $264.00 and gave the company an “overweight” rating in a research note on Tuesday. Evercore ISI raised their price target on The PNC Financial Services Group from $220.00 to $230.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 30th. Finally, Morgan Stanley lifted their price objective on The PNC Financial Services Group from $211.00 to $221.00 and gave the stock an “underweight” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $231.00.

The PNC Financial Services Group Stock Down 0.5%

The PNC Financial Services Group stock traded down $1.02 during mid-day trading on Tuesday, reaching $222.16. The stock had a trading volume of 2,923,333 shares, compared to its average volume of 2,839,631. The PNC Financial Services Group has a one year low of $145.12 and a one year high of $227.00. The company has a 50-day moving average price of $203.44 and a two-hundred day moving average price of $197.50. The company has a market capitalization of $87.12 billion, a price-to-earnings ratio of 13.43, a PEG ratio of 0.95 and a beta of 0.99. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.81 and a quick ratio of 0.81.

The PNC Financial Services Group (NYSE:PNC) last issued its earnings results on Friday, January 16th. The financial services provider reported $4.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.23 by $0.65. The PNC Financial Services Group had a net margin of 20.40% and a return on equity of 11.87%. The business had revenue of $6.07 billion during the quarter, compared to analysts’ expectations of $5.90 billion. During the same period in the previous year, the company earned $3.77 earnings per share. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, analysts expect that The PNC Financial Services Group will post 15.37 EPS for the current fiscal year.

Insider Buying and Selling

In other The PNC Financial Services Group news, EVP Michael Duane Thomas sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $183.57, for a total value of $183,570.00. Following the completion of the transaction, the executive vice president directly owned 5,802 shares in the company, valued at $1,065,073.14. This represents a 14.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Guild Deborah sold 1,080 shares of The PNC Financial Services Group stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $186.97, for a total transaction of $201,927.60. Following the sale, the executive vice president owned 27,335 shares in the company, valued at approximately $5,110,824.95. The trade was a 3.80% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.41% of the stock is currently owned by insiders.

Institutional Investors Weigh In On The PNC Financial Services Group

A number of hedge funds have recently made changes to their positions in PNC. Quarry LP purchased a new stake in The PNC Financial Services Group during the 3rd quarter valued at $25,000. IMG Wealth Management Inc. purchased a new position in shares of The PNC Financial Services Group during the second quarter valued at approximately $27,000. Beacon Financial Strategies CORP bought a new position in shares of The PNC Financial Services Group during the fourth quarter valued at approximately $35,000. Concord Wealth Partners raised its holdings in shares of The PNC Financial Services Group by 144.9% in the second quarter. Concord Wealth Partners now owns 169 shares of the financial services provider’s stock worth $32,000 after buying an additional 100 shares during the period. Finally, Westfuller Advisors LLC bought a new stake in shares of The PNC Financial Services Group during the 3rd quarter worth approximately $34,000. 83.53% of the stock is currently owned by hedge funds and other institutional investors.

The PNC Financial Services Group News Roundup

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

• Positive Sentiment: Oppenheimer raised its price target from $268 to $284 and kept an “outperform” rating, implying ~27% upside—one of the most bullish takes among recent updates. Oppenheimer raise (Benzinga)
• Positive Sentiment: Wells Fargo bumped its target to $264 and maintained an “overweight” view, implying ~18% upside—another sizable endorsement that supports further upside potential. Wells Fargo raise (Benzinga)
• Positive Sentiment: RBC raised its target to $235 and kept an “outperform” rating (≈5% upside), reflecting confidence after PNC’s quarterly beat. RBC raise (Benzinga)
• Neutral Sentiment: Keefe, Bruyette & Woods lifted its target to $247 but kept a “market perform” rating (≈11% upside) — a cautious upgrade that signals limited conviction despite a higher target. Keefe raise (Benzinga)
• Neutral Sentiment: Yahoo Finance published a valuation piece assessing PNC after record results and a strong earnings beat — useful context for investors evaluating whether current multiples already price in growth. A Look At PNC Valuation After Record Results And Strong Earnings Beat
• Negative Sentiment: Morgan Stanley raised its target to $221 but kept an “underweight” stance; the new target sits slightly below the current stock level, signaling continued analyst skepticism. Morgan Stanley raise (Benzinga)
• Negative Sentiment: Seeking Alpha’s note argues “limited upside in 2026” despite record Q4 revenue and strong earnings — a contrarian view that could cap sentiment if investors focus on valuation/forward growth risks. PNC Financial: Limited Upside In 2026

The PNC Financial Services Group Company Profile

The PNC Financial Services Group, Inc is a diversified financial services company headquartered in Pittsburgh, Pennsylvania, offering a broad range of banking, lending, investment and wealth management services. PNC operates a national banking franchise with a significant retail branch network and dedicated capabilities for commercial, institutional and government clients. Its services are designed to serve individuals, small businesses, corporations and public sector entities across the United States.

PNC’s core business activities include consumer and business banking, residential mortgage lending, corporate and institutional banking, asset management and wealth advisory services.