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BMO Capital Markets upped their price objective on shares of PNC Financial Services Group (NYSE:PNC) to $88.00 in a research note issued on Friday, Stock Ratings News reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target points to a potential upside of 8.74% from the stock’s previous close.

In other PNC Financial Services Group news, EVP Orlando Esposito sold 2,000 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $78.95, for a total transaction of $157,900.00. Following the completion of the sale, the executive vice president now directly owns 11,773 shares of the company’s stock, valued at approximately $929,478. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

A number of other analysts have also recently weighed in on PNC. Analysts at Raymond James raised their price target on shares of PNC Financial Services Group from $84.00 to $90.00 in a research note to investors on Friday. Separately, analysts at Sanford C. Bernstein raised their price target on shares of PNC Financial Services Group from $82.00 to $90.00 in a research note to investors on Friday. Finally, analysts at Rafferty Capital Markets upgraded shares of PNC Financial Services Group to a “buy” rating in a research note to investors on Friday. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $81.13.

Shares of PNC Financial Services Group (NYSE:PNC) traded up 2.98% during mid-day trading on Friday, hitting $83.34. The stock had a trading volume of 2,793,991 shares. PNC Financial Services Group has a 52-week low of $60.37 and a 52-week high of $81.28. The stock’s 50-day moving average is $76.93 and its 200-day moving average is $75.07. The company has a market cap of $44.346 billion and a P/E ratio of 11.92.

PNC Financial Services Group (NYSE:PNC) last posted its quarterly earnings results on Thursday, January 16th. The company reported $1.85 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.65 by $0.20. The company had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter in the prior year, the company posted $1.24 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. Analysts expect that PNC Financial Services Group will post $6.97 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, February 5th. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Monday, January 13th.

The PNC Financial Services Group, Inc (NYSE:PNC) is a financial service company.

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