PNC Financial Services Group
Shares of PNC Financial Services Group (PNC - Get Report) of Pittsburgh closed at $65.26 Friday, returning 15% year-to-date, after pulling back 3% during 2011. Based on a quarterly payout of 40 cents, the shares have a dividend yield of 2.45%.
The shares trade for 1.4 times tangible book value and for 9.5 times the consensus 2013 EPS estimate of $$6.89. The consensus 2012 EPS estimate is $6.17.
Jefferies analyst Ken Usdin's price target for PNC is $72.00.Harmon said that "economic data within PNC's footprint
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