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Popular Inc has a consensus price target of $96.4 based on the ratings of 10 analysts. The high is $120 issued by Keefe, Bruyette & Woods on July 25, 2024. The low is $63 issued by B of A Securities on October 10, 2023. The 3 most-recent analyst ratings were released by RBC Capital, Wells Fargo, and Piper Sandler on October 24, 2024, respectively. With an average price target of $98 between RBC Capital, Wells Fargo, and Piper Sandler, there's an implied -0.04% downside for Popular Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Popular (NASDAQ:BPOP) was reported by RBC Capital on October 24, 2024. The analyst firm set a price target for $96.00 expecting BPOP to fall to within 12 months (a possible -2.08% downside). 21 analyst firms have reported ratings in the last year.
The latest analyst rating for Popular (NASDAQ:BPOP) was provided by RBC Capital, and Popular maintained their outperform rating.
The last upgrade for Popular Inc happened on April 6, 2023 when Keefe, Bruyette & Woods raised their price target to $74. Keefe, Bruyette & Woods previously had a market perform for Popular Inc.
The last downgrade for Popular Inc happened on October 1, 2024 when Wells Fargo changed their price target from $115 to $105 for Popular Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Popular, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Popular was filed on October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.
While ratings are subjective and will change, the latest Popular (BPOP) rating was a maintained with a price target of $108.00 to $96.00. The current price Popular (BPOP) is trading at is $98.04, which is out of the analyst’s predicted range.
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