) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.1%. By the end of trading, PNC Financial Services Group fell 74 cents (-1.2%) to $59.08 on average volume. Throughout the day, 3.1 million shares of PNC Financial Services Group exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $59.08-$59.82 after having opened the day at $59.68 as compared to the previous trading day's close of $59.82. Other company's within the Banking industry that declined today were:
), down 15%,
), down 11.9%,
), down 11.6%, and
), down 9.1%.
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The PNC Financial Services Group, Inc. operates as a diversified financial services company in the United States and internationally. The company's Retail Banking segment provides deposit, lending, brokerage, investment management, and cash management services. PNC Financial Services Group has a market cap of $31.49 billion and is part of the
sector. The company has a P/E ratio of 13.3, above the average banking industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 3.7% year to date as of the close of trading on Monday. Currently there are 18 analysts that rate PNC Financial Services Group a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates PNC Financial Services Group as a
. The company's strengths can be seen in multiple areas, such as its expanding profit margins, attractive valuation levels and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full PNC Financial Services Group Ratings Report.
On the positive front,
), up 11.4%,
), up 11%,
), up 10.5%, and
), up 9.5%, were all gainers within the banking industry with
) being today's featured banking industry leader.
- Use our banking section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
) while those bearish on the banking industry could consider
- Find other investment ideas from our top rated ETFs lists.