On 11/6/24, Popular Inc (NASDAQ: BPOP) stock enjoyed a major increase of 10.6%, closing at $99.43. Moreover, trading volume in this advance was exceptionally high at 241% of normal. The stock has risen 11.2% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
BPOP’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Popular has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Popular has a good Power Rating of 82 and a very high Appreciation Score of 90, producing the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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