Popular Inc (NASDAQ:BPOP) price target raised to $54.00 by Morgan Stanley

ME Staff
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Analyst Ratings For Popular Inc (NASDAQ:BPOP)

Today, Morgan Stanley raised its price target on Popular Inc (NASDAQ:BPOP) to $54.00 per share.

There are 8 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Popular Inc (NASDAQ:BPOP) is Buy with a consensus target price of $53.5625 per share, a potential 7.95% upside.

Some recent analyst ratings include

  • 7/25/2018-Royal Bank of Canada Reiterated Rating of Buy.
  • 7/23/2018-Sandler O’Neill Reiterated Rating of Buy.
  • 4/25/2018-Keefe, Bruyette & Woods Reiterated Rating of Buy.
  • 4/18/2018-BTIG Research Reiterated Rating of Buy.

Recent Insider Trading Activity For Popular Inc (NASDAQ:BPOP)
Popular Inc (NASDAQ:BPOP) has insider ownership of 1.38% and institutional ownership of 89.89%.

  • On 7/26/2018 Richard L. Carrion, Insider, sold 200,000 with an average share price of $50.16 per share and the total transaction amounting to $10,032,000.00.
  • On 7/25/2018 Eli Sepulveda, EVP, sold 5,000 with an average share price of $50.30 per share and the total transaction amounting to $251,500.00.
  • On 7/25/2018 Richard L. Carrion, Chairman, sold 106,151 with an average share price of $50.00 per share and the total transaction amounting to $5,307,550.00.
  • On 5/17/2017 Jorge J Garcia, VP, sold 4,000 with an average share price of $38.15 per share and the total transaction amounting to $152,600.00.
  • On 5/16/2017 Eduardo J. Negron, Insider, sold 2,500 with an average share price of $39.98 per share and the total transaction amounting to $99,950.00.
  • On 5/3/2017 Eli Sepulveda, EVP, sold 1,994 with an average share price of $42.25 per share and the total transaction amounting to $84,246.50.
  • On 5/2/2017 O. Rivera Nestor, Insider, sold 11,312 with an average share price of $41.52 per share and the total transaction amounting to $469,674.24.

About Popular Inc (NASDAQ:BPOP)
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products. It also offers commercial and industrial loans; commercial real estate loans; residential mortgage loans; consumer loans, including personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers; construction loans; and lease financing comprising automobile loans/leases. In addition, the company provides financial advisory, investment banking, investment and securities brokerage, and insurance and reinsurance services. As of December 31, 2017, it owned and occupied approximately 67 branch premises and other facilities in Puerto Rico; and 62 offices comprising 6 owned and 56 leased in New York, New Jersey, and Florida. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.

Recent Trading Activity for Popular Inc (NASDAQ:BPOP)
Shares of Popular Inc closed the previous trading session at 49.65 −0.66 1.31% with 163754 shares trading hands.