Popular (BPOP) : Traders are bullish on Popular (BPOP) as it has outperformed the S&P 500 by a wide margin of 13.45% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.32%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.66% in the last 1 week, and is up 13.21% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 4.47% and the fifty day Moving Average is 17.04%. Popular, Inc. is up 22.45% in the last three month period. Year-to-Date the stock performance stands at 35.99%.
Popular (BPOP) : The highest short term price target forecast on Popular (BPOP) is $48 and the lowest target price is $33. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $38 with a standard deviation of $6.78.
Popular (NASDAQ:BPOP): stock turned positive on Friday. Though the stock opened at $38.01, the bulls momentum made the stock top out at $38.2 level for the day. The stock recorded a low of $37.74 and closed the trading day at $38.14, in the green by 0.82%. The total traded volume for the day was 704,965. The stock had closed at $37.83 in the previous days trading.
Popular, Inc. (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR) and Banco Popular North America (BPNA). The Companys BPPR segment provides retail, including residential mortgage loans originations 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 Companys BPNA segment consists of Popular North America, Inc. (PNA) functioning as the holding company for the Companys operations in the United States. The banking operations of BPNA in the United States mainland are based in New York, Florida and New Jersey, conducted under the name of Popular Community Bank.