Popular (BPOP) Shares are Up 8.25%

Popular (BPOP) : Traders are bullish on Popular (BPOP) as it has outperformed the S&P 500 by a wide margin of 22.71% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 7.79%, 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 8.25% in the last 1 week, and is up 25.76% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Popular (NASDAQ:BPOP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.30 and $35.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.47. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.47, notching a gain of 4.32% for the day. The total traded volume was 1,254,502 . The stock had closed at $34.96 on the previous day.

The stock has recorded a 20-day Moving Average of 14.67% and the 50-Day Moving Average is 19.34%. Popular, Inc. is up 26.55% in the last 3-month period. Year-to-Date the stock performance stands at 30.03%.

Popular (BPOP) : 4 Wall Street analysts covering Popular (BPOP) believe that the average level the stock could reach for the short term is $34.75. The maximum price target given is $36 and the minimum target for short term is around $33, hence the standard deviation is calculated at $1.26.


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.

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