On July 9, 2025, PNC Financial Services Group (PNC, Financial) received an upgrade from the financial services firm Keefe, Bruyette & Woods. The analyst behind this update, David Konrad, moved PNC's rating from 'Underperform' to 'Market Perform'. This change reflects a more favorable outlook on the company's prospects.
In conjunction with the upgrade, Keefe, Bruyette & Woods also raised the price target for PNC. The new price target is set at $212.00, up from the previous $185.00. This adjustment marks a 14.59% increase, indicating a significant upward forecast in PNC's valuation according to the analyst's research.
The adjustments reflect the analyst's updated view on PNC's market position and potential growth trajectory. Investors within the financial sector may wish to take note of these changes, as analyst ratings and price targets can often influence market sentiment and trading volumes.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for PNC Financial Services Group Inc (PNC, Financial) is $206.22 with a high estimate of $235.00 and a low estimate of $179.00. The average target implies an upside of 4.15% from the current price of $198.00. 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 2.2, 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 7.3% from the current price of $198. 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.
