KBW Reaffirmed Popular (BPOP) As “Buy”; Has TP Of $49.0; Shore Bancshares Has 1.33 Sentiment

February 15, 2018 - By Dolores Ford

Shore Bancshares, Inc., through its subsidiaries, provides various commercial banking services and products to individuals, businesses, and other organizations in Maryland and Delaware. The company has market cap of $218.87 million. The firm operates through two divisions, Community Banking, and Insurance Products and Services. It has a 19.43 P/E ratio. It offers various deposit products, including checking, savings, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs, cash management services, and various checking services.

Among 17 analysts covering Popular Inc (NASDAQ:BPOP), 14 have Buy rating, 1 Sell and 2 Hold. Therefore 82% are positive. Popular Inc has $70.0 highest and $32 lowest target. $44.71’s average target is 1.87% above currents $43.89 stock price. Popular Inc had 42 analyst reports since July 27, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, October 31 by BTIG Research. As per Friday, November 18, the company rating was downgraded by Compass Point. The firm has “Buy” rating by Citigroup given on Thursday, December 21. On Friday, October 6 the stock rating was maintained by Piper Jaffray with “Buy”. The stock of Popular, Inc. (NASDAQ:BPOP) earned “Mkt Perform” rating by Keefe Bruyette & Woods on Wednesday, January 25. The stock of Popular, Inc. (NASDAQ:BPOP) earned “Buy” rating by Guggenheim on Monday, July 27. Morgan Stanley maintained Popular, Inc. (NASDAQ:BPOP) on Wednesday, December 13 with “Equal-Weight” rating. The company was upgraded on Friday, November 3 by Compass Point. Compass Point maintained Popular, Inc. (NASDAQ:BPOP) rating on Thursday, April 28. Compass Point has “Buy” rating and $35 target. The company was upgraded on Monday, August 24 by Zacks.

The stock increased 6.53% or $2.69 during the last trading session, reaching $43.89. About 907,374 shares traded. Popular, Inc. (NASDAQ:BPOP) has risen 26.79% since February 15, 2017 and is uptrending. It has outperformed by 10.09% the S&P500.

Investors sentiment increased to 1.58 in Q3 2017. Its up 0.83, from 0.75 in 2017Q2. It improved, as 22 investors sold Popular, Inc. shares while 56 reduced holdings. 42 funds opened positions while 81 raised stakes. 89.00 million shares or 5.87% more from 84.07 million shares in 2017Q2 were reported. Prudential Finance owns 0.05% invested in Popular, Inc. (NASDAQ:BPOP) for 903,755 shares. Parametric Port Associate Limited Liability Corporation accumulated 750,746 shares. Nomura Incorporated invested in 0% or 14,752 shares. Nordea Investment Mngmt reported 0.01% stake. Piedmont Inv Ltd accumulated 26,491 shares. Rhumbline Advisers stated it has 0.01% in Popular, Inc. (NASDAQ:BPOP). Schwab Charles Inv Management owns 650,342 shares. State Street Corp accumulated 2.59M shares. Us Retail Bank De accumulated 0% or 13,692 shares. Cantab Cap Prtnrs Llp holds 16,082 shares. Macquarie Group Ltd holds 8,100 shares. Mackenzie Finance reported 101,900 shares or 0.02% of all its holdings. Point72 Asset Mgmt L P stated it has 0.09% in Popular, Inc. (NASDAQ:BPOP). Guggenheim Capital Ltd Liability Company has 0.01% invested in Popular, Inc. (NASDAQ:BPOP). 3.45 million were accumulated by Frontier Capital Mgmt Company Limited Liability Company.

Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking services and products primarily to institutional and retail customers. The company has market cap of $4.48 billion. The firm accepts various deposit products. It has a 43.03 P/E ratio. It also offers commercial and industrial loans; commercial real estate loans; construction loans; lease financing comprising automobile loans/leases; residential mortgage loans; and consumer loans, including personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers.

The stock increased 0.23% or $0.04 during the last trading session, reaching $17.25. About 2,495 shares traded. Shore Bancshares, Inc. (SHBI) has risen 34.25% since February 15, 2017 and is uptrending. It has outperformed by 17.55% the S&P500.

Fj Capital Management Llc holds 1.68% of its portfolio in Shore Bancshares, Inc. for 833,000 shares. Corbyn Investment Management Inc Md owns 177,538 shares or 0.94% of their US portfolio. Moreover, Banc Funds Co Llc has 0.54% invested in the company for 718,456 shares. The Connecticut-based Gilman Hill Asset Management Llc has invested 0.43% in the stock. Fsi Group Llc, a Ohio-based fund reported 30,000 shares.

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