PNC traded at $224.46 this Friday October 23rd, decreasing $1.07 or 0.47 percent since the previous trading session. Looking back, over the last four weeks, PNC lost 0.50 percent. Over the last 12 months, its price rose by 20.39 percent. Looking ahead, we forecast PNC to be priced at 219.70 by the end of this quarter and at 206.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
The PNC Financial Services Group, Inc. is a diversified financial services company. The Company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking, and asset management. Its retail branch network is located coast-to-coast. The Company's segments include Retail Banking, Corporate & Institutional Banking and Asset Management Group. The Company’s Retail Banking segment provides deposit, lending, brokerage, insurance services, investment management and cash management products and services to consumer and small business customers. The Corporate & Institutional Banking segment provides lending, treasury management, capital markets and advisory products and services to mid-sized and large corporations, and government and not-for-profit entities. The Company’s Asset Management Group segment provides private banking for high net worth and ultra-high net worth clients and institutional asset management. Its bank subsidiary is PNC Bank.