PNC Financial Services Group Inc’s recent filing unveils that its Executive Vice President HANNON MICHAEL J unloaded Company’s shares for reported $0.45 million on Feb 12 ’24. In the deal valued at $148.82 per share,3,000 shares were sold. As a result of this transaction, HANNON MICHAEL J now holds 36,570 shares worth roughly $5.76 million.
Then, Deborah Guild sold 1,533 shares, generating $203,138 in total proceeds. Upon selling the shares at $132.51, the Executive Vice President now owns 17,092 shares.
Before that, Salesky Bryan Scott bought 400 shares. PNC Financial Services Group Inc shares valued at $50,840 were divested by the Director at a price of $127.10 per share. As a result of the transaction, Salesky Bryan Scott now holds 410 shares, worth roughly $64620.100000000006.
HSBC Securities upgraded its PNC Financial Services Group Inc [PNC] rating to a Hold from a a Reduce in a research note published on March 28, 2024; the price target was increased to $155 from $141. A number of analysts have revised their coverage, including Odeon’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. BofA Securities also remained covering PNC and has increased its forecast on October 11, 2023 with a “Neutral” recommendation from previously “an Underperform” rating. HSBC Securities started covering the stock on September 07, 2023. It rated PNC as “a Reduce”.
Price Performance Review of PNC
On Tuesday, PNC Financial Services Group Inc [NYSE:PNC] saw its stock jump 1.08% to $157.61. Over the last five days, the stock has gained 7.55%. PNC Financial Services Group Inc shares have risen nearly 1.78% since the year began. Nevertheless, the stocks have risen 27.74% over the past one year. While a 52-week high of $162.24 was reached on 03/28/24, a 52-week low of $109.40 was recorded on 02/21/24. SMA at 50 days reached $151.95, while 200 days put it at $137.01. A total of 2.14 million shares were traded, compared to the trading of 2.21 million shares in the previous session.
Levels Of Support And Resistance For PNC Stock
The 24-hour chart illustrates a support level at 156.19, which if violated will result in even more drops to 154.78. On the upside, there is a resistance level at 158.69. A further resistance level may holdings at 159.78. The Relative Strength Index (RSI) on the 14-day chart is 57.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.46, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.33%. Stochastics %K at 63.16% indicates the stock is a holding.
