Citigroup Reiterates Buy Rating on Popular, Inc. (BPOP)
Citigroup keeps its buy rating on Popular, Inc. with a $188 target price, a 14.04% upside from the current price.
Key Points
- Citigroup reiterated its buy rating on Popular, Inc. (BPOP) with a target price of $188 on June 25, 2026.
- Citigroup's $188 price target implies 14.04% upside from Popular, Inc.'s ($BPOP) current $164.85 share price.
- Shares of NasdaqGS:BPOP traded near $165.65 on Friday, with a market cap of $10.5 billion and a P/E ratio of 12.0.
- Insider transactions included sales by Alejandro Sanchez and Myrna Soto, and purchases by Maria Luisa Ferre and Kim Goodwin.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Citigroup reiterated its buy rating on Popular, Inc. (NasdaqGS:BPOP) on June 25, 2026. The analyst, Benjamin Gerlinger, set a price target of $188 for the regional bank. This comes as the stock traded near $165.65 on Friday.
Citigroup vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Popular, Inc. Stock Down 2.9%
Shares of Popular, Inc. were trading close to $165.65 on Friday. The company has a market cap of about $10.5 billion and a P/E ratio of 12.0. Its forward P/E ratio stands at 9.9, reflecting expectations of future earnings growth. The stock's 52-week range is between $104.31 and $162.97, with a 50-day moving average of $149.93 and a 200-day moving average of $132.29.
$BPOP price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
In its recent financial report, Popular, Inc. posted revenue of approximately $3 billion, growing by 9.6% from the previous period. The company's net margin was nearly 30%, and it reported a return on equity of 14.9%. The next earnings announcement is expected on July 22, 2026.
Dividend
Popular, Inc. offers an annual dividend rate of $3.00, yielding 1.88% with a payout ratio of 21.8%. This provides a steady income stream for its shareholders.
Insider Buying and Selling at Popular, Inc.
Recent insider activity at Popular, Inc. included sales by Alejandro Sanchez and Myrna Soto, with Sanchez selling 300 shares at an average price of $150.36 on May 22, 2026. On May 8, 2026, Maria Luisa Ferre and Kim Goodwin each acquired shares, with Ferre purchasing 1,141 shares and Goodwin buying 906 shares, both at no specified price.
Analysts Set New Price Targets
On June 25, 2026, Citigroup maintained its buy rating on Popular, Inc. with a target price of $188. Other analysts also have buy ratings, with UBS and Keefe, Bruyette & Woods setting targets of $170 and $177, respectively. The consensus target price among analysts is approximately $171.22, based on nine opinions.
About Popular, Inc.
Popular, Inc. is a banking company headquartered in Hato Rey, Puerto Rico. It provides a range of financial services, including retail, mortgage, and commercial banking, across Puerto Rico, the U.S., the Caribbean, and Latin America. The company, led by CEO Javier D. Ferrer-Fernández, employs over 9,000 people and has been operating since 1893.
Bottom Line
Popular, Inc. remains a strong focus for analysts with Citigroup reiterating its buy rating and setting a price target of $188. Investors watch these updates closely, as 13F filings and analyst ratings provide insights into institutional confidence and market expectations.
Get Popular, Inc. alerts
New 13F filings, insider trades, and analyst moves on $BPOP, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.