PNC stock: TD Cowen cuts target for PNC stock from USD 245.00 to USD 240.00

Published on 10/16/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 adjusted EPS reached USD 5.09. PNC stock costs EUR 195.50 on October 16, 2026 at 5:07 p.m. CEST, up 2.54 percent versus the Xetra close.

Analyst view and valuation

TD Cowen lowered its PNC target from USD 245.00 to USD 240.00 on October 16, 2026.
PNC's 52-week range was USD 176.88 to USD 258.96 as of October 16, 2026.
PNC stock costs EUR 195.50 at Lang & Schwarz on October 16, 2026 at 5:07 p.m. CEST, plus 2.54 percent versus the Xetra close of October 16, 2026.
PNC had a P/E ratio of 11.73 and market capitalization of USD 87.8 billion as of October 16, 2026.

PNC, US6934751057, Illustration mit AI erstellt.

PNC (ISIN US6934751057) drew a fresh valuation signal on October 16, 2026, when TD Cowen lowered its price target from USD 245.00 to USD 240.00 while maintaining a Hold rating, according to Investing.com. The new target stood 9.07 percent above the NYSE price of USD 220.04 at 11:17 a.m. ET on October 16, 2026. At Lang & Schwarz, PNC was trading at EUR 195.50 at 5:07 p.m. CEST, plus 2.54 percent versus the Xetra close of October 16, 2026 at EUR 190.66.

The target remains above the market

TD Cowen's revised target keeps the analyst view above the US quote despite the reduction. The firm also raised its 2026 earnings per share estimate to USD 19.32 from USD 19.31 and its 2027 estimate to USD 21.45 from USD 21.00, according to Investing.com. The unchanged Hold rating therefore accompanies higher earnings assumptions but a lower valuation multiple.

PNC sits below its yearly high

PNC's 52-week range was USD 176.88 to USD 258.96 as of October 16, 2026. The NYSE price of USD 220.04 was 15.03 percent below the high and 24.41 percent above the low. Trading volume reached 497,536 shares against an average of 1,753,120 shares in the same quote.

On October 15, 2026, PNC released its third-quarter results, according to the company's investor-relations page. The release covered the quarter ended September 30, 2026.

Valuation and bank comparison

PNC had a market capitalization of USD 87.8 billion, a P/E ratio of 11.73 and a dividend yield of 3.00 percent as of October 16, 2026. The NYSE quote was USD 220.04 at 11:17 a.m. ET on that date.

Comparison with peers

PNC: plus 2.54 percent, P/E 11.73, market capitalization USD 87.8 billion.
U.S. Bancorp (NYSE, USD): plus 2.91 percent, P/E 11.52, market capitalization USD 92.0 billion.
Fifth Third Bancorp (NASDAQ, USD): plus 1.95 percent, P/E 17.53, market capitalization USD 46.6 billion.

EUR quote after the Xetra close

PNC was trading at EUR 195.50 at Lang & Schwarz on October 16, 2026 at 5:07 p.m. CEST, plus 2.54 percent versus the Xetra close of October 16, 2026 at EUR 190.66. The further course of trading is shown by the continuously updated real-time quote of PNC stock.