TheStreet upgraded Popular Inc (NASDAQ:BPOP) to Buy in a statement released earlier today.
- Updated: September 17, 2016
Boasting a price of $37.79, Popular Inc (NASDAQ:BPOP) traded 0.16% higher on the day. The last stock price is up 23.85% from the two hundred day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same period. BPOP has been tracking to a 50-day average of $37.08 and two hundred day average of $31.19. 862,426 shares of Popular Inc exchanged hands, up from ann avg. trading volume of 648,172
TheStreet has upgraded Popular Inc(NASDAQ:BPOP) to Buy in a report released 8/17/2016.
Previously on Thursday June 23 2016, Barclays Capital reported on Popular Inc(NASDAQ:BPOP) raised the target price from $0.00 to $32.00 that suggested an upside of 0.05%.
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In addition to TheStreet reporting it’s stock price target, a total of 10 firms have released a ratings update on the company. The consensus target price is $37.30 with three analysts rating the company a strong buy, four analysts rating the company a buy, one analyst rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokerages rating the company as sell.
With a market cap of $0.0, Popular Inc has a one-year low of $22.40 and a 52 week high of $39.88 with a price-earnings ratio of 10.
General Company Details For Popular Inc (NASDAQ:BPOP)
Popular, Inc. (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean. The Company’s BPPR segment provides retail, mortgage and commercial banking services through its banking subsidiary, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. The Company’s BPNA segment consists of Popular North America, Inc. (PNA) functioning as the holding company for its operations in the United States. It also operates PNA’s subsidiary, E-LOAN, Inc. The banking operations of BPNA in the United States mainland are based in New York, Florida and New Jersey, and conducted under the name of Popular Community Bank.
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