BTIG Sticks to Their Buy Rating for Popular Inc (BPOP)
BTIG analyst Mark Palmer reiterated a Buy rating on Popular Inc (BPOP) yesterday and set a price target of $66. The company’s shares closed last Monday at $52.14.
According to TipRanks.com, Palmer is a top 100 analyst with an average return of 15.2% and a 67.9% success rate. Palmer covers the Financial sector, focusing on stocks such as Sutter Rock Capital Corp, Repay Holdings Corp, and Genworth Financial.
Popular Inc has an analyst consensus of Moderate Buy, with a price target consensus of $65.
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Popular Inc’s market cap is currently $5.04B and has a P/E ratio of 8.87. The company has a Price to Book ratio of 0.89.
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Popular, Inc. is a holding company, which engages in the provision of banking and financial services. It operates through the Banco Popular de Puerto Rico and Popular U.S. segments. The Banco Popular de Puerto Rico segment includes retail, mortgage, and commercial banking services through banking subsidiary.