On July 8, 2025, Raymond James upgraded shares of PNC Financial Services Group (PNC, Financial), with analyst Daniel Tamayo expressing a positive outlook on the company's performance. This upgrade comes with a new "Outperform" rating, which replaces the previous "Market Perform" status.
In addition to the rating change, Raymond James has set a new price target of $220.00 USD for PNC (ticker: PNC). Previously, no specific price target was indicated, marking this as a significant update for investors monitoring the stock.
This latest analysis and adjustment in ratings by Raymond James, particularly by Daniel Tamayo, may influence market perceptions and trading strategies concerning PNC Financial Services Group in the upcoming financial periods.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for PNC Financial Services Group Inc (PNC, Financial) is $202.56 with a high estimate of $235.00 and a low estimate of $179.00. The average target implies an upside of 2.35% from the current price of $197.91. More detailed estimate data can be found on the PNC Financial Services Group Inc (PNC) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, PNC Financial Services Group Inc's (PNC, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for PNC Financial Services Group Inc (PNC, Financial) in one year is $183.54, suggesting a downside of 7.26% from the current price of $197.905. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the PNC Financial Services Group Inc (PNC) Summary page.