In the latest quarter, 12 analysts provided ratings for PNC Finl Servs Gr PNC, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 5 | 5 | 2 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 5 | 2 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $169.0, with a high estimate of $194.00 and a low estimate of $152.00. This upward trend is apparent, with the current average reflecting a 2.35% increase from the previous average price target of $165.12.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of PNC Finl Servs Gr among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| John Pancari | Evercore ISI Group | Raises | Outperform | $184.00 | $180.00 |
| Vivek Juneja | JP Morgan | Lowers | Overweight | $163.00 | $163.50 |
| Ken Usdin | Jefferies | Lowers | Hold | $162.00 | $171.00 |
| Ebrahim Poonawala | B of A Securities | Raises | Neutral | $168.00 | $165.00 |
| David Konrad | Keefe, Bruyette & Woods | Maintains | Underperform | $152.00 | $152.00 |
| John Pancari | Evercore ISI Group | Lowers | Outperform | $175.00 | $184.00 |
| Ken Usdin | Jefferies | Raises | Hold | $171.00 | $164.00 |
| David Konrad | Keefe, Bruyette & Woods | Raises | Underperform | $152.00 | $145.00 |
| Richard Ramsden | Goldman Sachs | Raises | Neutral | $168.00 | $151.00 |
| Whit Mayo | Wells Fargo | Raises | Overweight | $194.00 | $185.00 |
| John Pancari | Evercore ISI Group | Raises | Outperform | $184.00 | $180.00 |
| Saul Martinez | HSBC | Raises | Hold | $155.00 | $141.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to PNC Finl Servs Gr. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of PNC Finl Servs Gr compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of PNC Finl Servs Gr's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into PNC Finl Servs Gr's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on PNC Finl Servs Gr analyst ratings.
All You Need to Know About PNC Finl Servs Gr
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
Unraveling the Financial Story of PNC Finl Servs Gr
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: PNC Finl Servs Gr's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -7.7%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: PNC Finl Servs Gr's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 24.1%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.42%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): PNC Finl Servs Gr's ROA excels beyond industry benchmarks, reaching 0.22%. This signifies efficient management of assets and strong financial health.
Debt Management: PNC Finl Servs Gr's debt-to-equity ratio is below the industry average. With a ratio of 1.42, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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