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Ubs Keeps Bullish View On Pnc, Reiterates Buy Rating

The PNC Financial Services Group, Inc. (NYSE:PNC) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 25, UBS reiterated its Buy rating on The PNC Financial Services Group, Inc. (NYSE:PNC) with a price target of $263 on the stock.

This update came after meetings at the company’s headquarters with the senior leadership team. UBS analyst Erika Najarian met with The PNC Financial Services Group, Inc.’s (NYSE:PNC) CEO Bill Demchak, President Mark Wiedman, CFO Rob Reilly and other senior executives from the company’s major business lines. UBS said it had not been this impressed after meeting with a management team since its meeting with Morgan Stanley in June 2025.

The research firm believes that The PNC Financial Services Group, Inc. (NYSE:PNC) should be seen as an emerging national bank that is valued like a regional bank. UBS added that if the company reaches a return on tangible common equity of about 20%, its valuation looks attractive compared with global systemically important banks.

UBS also believes The PNC Financial Services Group, Inc. (NYSE:PNC) has room for both earnings per share upgrades and multiple expansion. In addition, the firm sees strong backing for the stock from long-term investors.

The PNC Financial Services Group, Inc. (NYSE:PNC) is one of the largest diversified financial services institutions in the US. It offers retail and corporate banking, lending products, wealth management, asset management, and specialized services for corporations and government entities.

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Ubs Keeps Bullish View On Pnc, Reiterates Buy Rating

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