The PNC Financial Services Group (NYSE:PNC) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

The PNC Financial Services Group (NYSE:PNC) had its target price hoisted by equities research analysts at Keefe, Bruyette & Woods from $247.00 to $253.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 12.57% from the stock’s previous close.

PNC has been the subject of several other research reports. Royal Bank Of Canada upped their price target on shares of The PNC Financial Services Group from $222.00 to $235.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Wells Fargo & Company upped their price target on shares of The PNC Financial Services Group from $252.00 to $264.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Truist Financial upped their price target on shares of The PNC Financial Services Group from $210.00 to $229.00 and gave the company a “hold” rating in a research report on Thursday, December 18th. TD Cowen upped their price target on shares of The PNC Financial Services Group from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Finally, Bank of America upped their price objective on shares of The PNC Financial Services Group from $260.00 to $264.00 and gave the stock a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, The PNC Financial Services Group presently has a consensus rating of “Moderate Buy” and an average price target of $241.69.

The PNC Financial Services Group Stock Up 2.1%

PNC stock opened at $224.75 on Thursday. The company has a fifty day moving average price of $215.73 and a 200 day moving average price of $206.50. The PNC Financial Services Group has a 12 month low of $148.28 and a 12 month high of $243.94. The company has a market cap of $90.66 billion, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 1.00 and a beta of 0.96. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.83 and a quick ratio of 0.81.

The PNC Financial Services Group (NYSE:PNC) last released its quarterly earnings results on Wednesday, April 15th. The financial services provider reported $4.32 EPS for the quarter, beating the consensus estimate of $3.92 by $0.40. The PNC Financial Services Group had a net margin of 20.89% and a return on equity of 12.10%. The firm had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.21 billion. During the same quarter in the prior year, the firm earned $3.51 EPS. The PNC Financial Services Group’s revenue for the quarter was up 13.1% on a year-over-year basis. Sell-side analysts expect that The PNC Financial Services Group will post 15.37 earnings per share for the current year.

Insider Activity

In other The PNC Financial Services Group news, CEO William S. Demchak sold 50,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $230.88, for a total transaction of $11,544,000.00. Following the completion of the transaction, the chief executive officer owned 554,274 shares in the company, valued at approximately $127,970,781.12. This represents a 8.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Richard Kevin Bynum sold 7,407 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $230.98, for a total transaction of $1,710,868.86. Following the transaction, the executive vice president owned 1,942 shares of the company’s stock, valued at approximately $448,563.16. The trade was a 79.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 64,186 shares of company stock worth $14,840,973 in the last 90 days. Corporate insiders own 0.38% of the company’s stock.

Hedge Funds Weigh In On The PNC Financial Services Group

Large investors have recently bought and sold shares of the company. Monetary Solutions Ltd purchased a new position in shares of The PNC Financial Services Group in the 4th quarter valued at about $25,000. Quarry LP purchased a new position in shares of The PNC Financial Services Group in the 3rd quarter valued at about $25,000. Modus Advisors LLC purchased a new position in shares of The PNC Financial Services Group in the 4th quarter valued at about $29,000. Kemnay Advisory Services Inc. purchased a new position in shares of The PNC Financial Services Group in the 4th quarter valued at about $32,000. Finally, EFG International AG purchased a new position in shares of The PNC Financial Services Group in the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 83.53% of the company’s stock.

Key Headlines Impacting The PNC Financial Services Group

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

• Positive Sentiment: Q1 earnings beat consensus and showed strong loan growth and benefits from the FirstBank integration, underpinning confidence in PNC’s core earnings trajectory. PNC Q1 Deep Dive
• Positive Sentiment: Oppenheimer raised its price target to $268 and kept an outperform view, signaling stronger analyst conviction after the quarter. Oppenheimer PT Raise
• Positive Sentiment: Barclays raised its target to $277 and remains overweight, one of the larger upward revisions—supportive for upside expectations. Barclays PT Raise
• Positive Sentiment: Bank of America and Keefe, Bruyette & Woods issued positive forecasts/coverage affirming the bullish post‑earnings view. Bank of America Forecast KBW Forecast
• Positive Sentiment: PNC executives publicly expressed a constructive view on equity markets and growth prospects in media appearances, which helps investor sentiment. Yung-Yu Ma Interview
• Neutral Sentiment: Morgan Stanley raised its target to $267 but kept an equal‑weight rating — a positive revision in value but not a bullish upgrade. Morgan Stanley Note
• Neutral Sentiment: Truist lifted its target to $245 and maintained a hold rating, reflecting mixed upside vs. near‑term execution/expense questions. Truist PT Raise TickerReport
• Negative Sentiment: PNC slightly missed revenue expectations and reported pressure in noninterest income and higher operating expenses—factors that could cap near‑term multiple expansion. Q1 Highlights
• Negative Sentiment: Sector weakness from peers: Fifth Third’s Q1 miss and rising expenses/credit provisions underscores that higher costs and credit volatility remain risks for regional banks. Fifth Third Q1 Miss

About The PNC Financial Services Group

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.