Analysts Offer Insights on Financial Companies: PNC Financial (NYSE: PNC), Sandy Spring Bancorp (NASDAQ: SASR) and National General Holdings (NASDAQ: NGHC)

By Jason Carr

Analysts have been eager to weigh in on the Financial sector with new ratings on PNC Financial (NYSE: PNC), Sandy Spring Bancorp (NASDAQ: SASR) and National General Holdings (NASDAQ: NGHC).

PNC Financial (NYSE: PNC)

In a report released yesterday, Brian Kleinhanzl from KBW reiterated a Hold rating on PNC Financial (NYSE: PNC), with a price target of $125. The company’s shares closed yesterday at $117.36.

According to TipRanks.com, Kleinhanzl is a 2-star analyst with an average return of 1.9% and a 40.0% success rate. Kleinhanzl covers the Financial sector, focusing on stocks such as The First Of Long Island Corp, Discover Financial Services, and Dime Community Bancshares.

Currently, the analyst consensus on PNC Financial is Moderate Buy and the average price target is $127.33, representing an 8.5% upside.

In a report issued on May 5, Credit Suisse also maintained a Hold rating on the stock with a $114 price target.
Sandy Spring Bancorp (NASDAQ: SASR)

In a report released yesterday, Catherine Mealor from KBW reiterated a Hold rating on Sandy Spring Bancorp (NASDAQ: SASR), with a price target of $44. The company’s shares closed yesterday at $39.55.

According to TipRanks.com, Mealor is a 5-star analyst with an average return of 15.8% and a 76.8% success rate. Mealor covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, American National Bankshares, and Community Bankers Trust Corp.

Sandy Spring Bancorp has an analyst consensus of Hold, with a price target consensus of $40.

National General Holdings (NASDAQ: NGHC)

KBW analyst Meyer Shields reiterated a Buy rating on National General Holdings (NASDAQ: NGHC) yesterday and set a price target of $27. The company’s shares closed yesterday at $21.83.

According to TipRanks.com, Shields is a 4-star analyst with an average return of 5.0% and a 68.5% success rate. Shields covers the Financial sector, focusing on stocks such as Argo Group International Holdings Ltd, American International Group, and Heritage Insurance Holdings.

National General Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $28.50.

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