RBC Capital analyst Gerard Cassidy maintained a Buy rating on PNC Financial on Friday, setting a price target of $161, which is approximately 4.02% above the present share price of $154.78.
Cassidy expects PNC Financial to post earnings per share (EPS) of $3.40 for the first quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in PNC Financial, with an average price target of $160.08.
The analysts price targets range from a high of $179 to a low of $135.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $4.28 billion and a net profit of $0. The company's market cap is $65.58 billion.
According to TipRanks.com, RBC Capital analyst Gerard Cassidy is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 29.2% and a 79.73% success rate.
PNC Financial Services Group (NYSE:PNC), Inc. engages in the provision of diversified financial services. The company's financial services include: retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-backed lending; wealth management and asset management. It operates through the following segments: Retail Banking, Corporate & Institutional Banking, Asset Management Group, and BlackRock (NYSE:BLK). The Retail Banking segment provides deposit, lending, brokerage, trust, investment management, and cash management services to consumer and small business customers within its primary geographic markets. The Corporate & Institutional segment provides lending, treasury management, and capital markets-related products and services to mid-sized corporations, government and not-for-profit entities, and selectively to large corporations. The Asset Management Group segment includes personal wealth management for high net worth and ultra high net worth clients and institutional asset management. The BlackRock segment operates as a publicly-traded investment management firm providing a broad range of investment, risk management and technology services to institutional and retail clients worldwide. The company was founded in 1983 and is headquartered in Pittsburgh, PA.