Oppenheimer Rates The PNC Financial Services (PNC) buy
Analyst Chris Kotowski keeps a buy rating and a $271 price target on The PNC Financial Services Group, a 10.06% upside from the current price.
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Oppenheimer rated The PNC Financial Services Group, Inc. ($PNC) "buy" with a $271 price target on June 30, 2026.
Since the rating, $PNC is up 3.2% after 1 week, up 1.8% after 1 month and down 10.2% to date (from the $242.05 close on Jun 30, 2026).
PNC
The PNC Financial Services Group, Inc.
Key Points
- Oppenheimer analyst Chris Kotowski reiterated a buy rating on The PNC Financial Services Group (NYSE: PNC) with a $271 price target on June 30, 2026.
- Oppenheimer's $271 price target implies 10.06% upside from The PNC Financial Services Group, Inc.'s ($PNC) current $246.22 share price.
- The regional banking giant shares recently traded around $246.22 on Tuesday, sitting well above their 52-week low of $176.88.
- A total of 20 analysts currently cover the stock, sharing a consensus buy recommendation and a mean price target of $277.73.
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Oppenheimer Keeps Positive Stance on PNC Financial Services
Oppenheimer analyst Chris Kotowski reaffirmed a buy rating on The PNC Financial Services Group, Inc. (NYSE: PNC) on June 30, 2026, setting a price target of $271. The update joins a series of recent adjustments from major financial houses tracking the regional lender.
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Analysts Set New Price Targets
Other major financial institutions have also updated their targets and ratings for the bank recently. On October 16, 2026, Keefe, Bruyette & Woods maintained a market perform rating with a $250 target, while Raymond James kept an outperform rating with a $255 target. Oppenheimer maintained an outperform rating with a $269 target on the same day, and RBC Capital kept an outperform rating with a $250 target. TD Cowen maintained a hold rating with a $240 target. Earlier in the month, UBS maintained a buy rating with a $286 target, Goldman Sachs maintained a neutral rating with a $250 target, and JP Morgan maintained an overweight rating with a $258 target. Overall, the stock carries a consensus buy recommendation from 20 analysts with a mean price target of $277.73, alongside high and low targets of $305 and $251 respectively.
Stock Performance and Valuation Context
Shares of the regional bank traded around $246.22 on Tuesday. The institution operates with a trailing price-to-earnings ratio of 12.84 based on earnings per share of $18.16, alongside a forward P/E of 10.89. Its 50-day moving average sits at $247.23, while the 200-day moving average rests at $227.20. The stock has traded between a 52-week low of $176.88 and a high of $258.96.
$PNC price target
The PNC Financial Services Group, Inc. daily closes and this analyst's $271 target. Not advice.
Solid Quarterly Earnings and Financial Metrics
The company generated $24.31 billion in revenue over the reporting period, showing a revenue growth rate of 23.6%. It secured a net margin of 31.36% and a return on equity of 12.62%. The firm is scheduled to report its next round of financial results on October 15, 2026.
Annual Dividend Payouts
The bank pays an annual dividend of $8.0 per share, giving it a dividend yield of 3.43%. That payout is backed by a dividend payout ratio of 0.37.
Background on The PNC Financial Services Group
Headquartered in Pittsburgh, Pennsylvania, The PNC Financial Services Group operates as a diversified financial services company in the United States through retail banking, corporate and institutional banking, and asset management units. Founded in 1865, the firm employs over 55,000 people to serve consumers, small businesses, and large corporations.
What to Watch at The PNC Financial Services Group, Inc.
Investors will look ahead to the company's upcoming earnings report on October 15, 2026, for further updates on loan growth and credit quality. Market participants continue to weigh evolving interest rate expectations against the bank's recent performance.
Related Filing Alerts
Source: Oppenheimer's rating change on $PNC (Jun 30, 2026). Written by software, not financial advice. How we make alerts