Banco Popular Espanol SA Given New €4.20 Price Target at UBS AG (POP)
Investment analysts at UBS AG hoisted their target price on shares of Banco Popular Espanol SA (MCE:POP) from €2.80 ($3.78) to €4.20 ($5.68) in a note issued to investors on Thursday, StockRatingsNetwork.com reports. The firm currently has a “neutral” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Guggenheim downgraded shares of Banco Popular Espanol SA (MCE:POP) from a “buy” rating to a “neutral” rating in a research note to investors on Friday, July 19th. They now have a €36.00 ($48.65) price target on the stock, up previously from €34.00 ($45.95). Analysts at BNP Paribas reiterated an “underperform” rating on shares of Banco Popular Espanol SA (MCE:POP) in a research note to investors on Thursday, July 11th. They now have a €3.00 ($4.05) price target on the stock. Ten research analysts have rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of €3.96 ($5.36).
Banco Popular Espanol SA is a Spain-based financial institution principally engaged in the banking sector.
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