Popular, Inc. Retains Overweight Rating, Increases Price Target to $185
BPOP•Barclays maintained its Overweight rating on Popular, Inc., raising its price target to $185 from $180. Popular, Inc. declared monthly dividends of $0.13 per share on its preferred stock and trust preferred securities.
1. Analyst Maintains Overweight Rating and Raises Price Target
Barclays reaffirmed its Overweight rating on Popular, Inc. and raised its price target to $185 from $180, reflecting confidence in the bank holding company's earnings potential.
2. Consistent Shareholder Dividends Highlight Financial Stability
Popular, Inc. declared a monthly cash dividend of $0.13 per share on its preferred stock and a $0.13 distribution on trust preferred securities, underlining steady cash flows and commitment to returns.
3. Stock Trading Near 52-Week High with $10.9 Billion Market Cap
At the time of the rating, Popular, Inc.’s shares traded around $168.69, close to a 52-week high of $170.02, and the company held a market capitalization of approximately $10.9 billion.
4. Upcoming Q2 Earnings Scheduled for July 23, 2026
Investors are focused on the second-quarter results release on July 23, 2026, for a clearer view of the company’s recent performance and future outlook.
