NYSE:PNCBanks
PNC (PNC) Stock Looks Fairly Valued On Its 121% Three Year Run
PNC Financial Services Group has delivered a strong 121.5% return over the past three years, yet current checks point to a mixed valuation picture where an intrinsic value estimate signals upside while market multiples look closer to fair.
Over the last three years, the stock is up 121.5%, which puts recent short term pullbacks into the context of a strong multi year run.
Expectations for PNC Financial Services Group to keep converting its balance sheet and fee income into steady cash...