PNC Financial Services Group Reaches New 52-Week High (PNC)

NEW YORK ( TheStreet) -- PNC Financial Services Group (NYSE: PNC) hit a new 52-week high Friday as it is currently trading at $74.70, above its previous 52-week high of $74.33 with 189,776 shares traded as of 10:10 a.m. ET. Average volume has been 2.9 million shares over the past 30 days.

PNC Financial Services Group has a market cap of $39.1 billion and is part of the financial sector and banking industry. Shares are up 26.7% year to date as of the close of trading on Wednesday.

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.

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TheStreet Ratings rates PNC Financial Services Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, expanding profit margins, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full PNC Financial Services Group Ratings Report.

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