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Analyst Rating: Will PNC Financial Services Group Inc (PNC) Stock Do Better Than the Market?

Tuesday, November 21, 2023 03:32 PM | InvestorsObserver Analysts

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Analyst Rating: Will PNC Financial Services Group Inc (PNC) Stock Do Better Than the Market?

InvestorsObserver is giving PNC Financial Services Group Inc (PNC) an Analyst Rating Rank of 16, meaning PNC is ranked higher by analysts than 16% of stocks. The average price target for PNC is $140.093 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
Wall Street analysts are rating PNC a Buy today. Find out what this means to you and get the rest of the rankings on PNC!

Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

What's Happening With PNC Financial Services Group Inc Stock Today?

PNC Financial Services Group Inc (PNC) stock is trading at $128.15 as of 3:19 PM on Tuesday, Nov 21, a drop of -$2.19, or -1.68% from the previous closing price of $130.34. The stock has traded between $127.85 and $130.00 so far today. Volume today is light. So far 768,725 shares have traded compared to average volume of 2,363,967 shares. Click Here to get the full Stock Report for PNC Financial Services Group Inc stock.

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