Analyst Stance On Two Stocks: Popular, Inc. (BPOP), PTC Therapeutics, Inc. (PTCT) – Post Analyst


The recently concluded session had traders exchanging Popular, Inc. (NASDAQ:BPOP) high level. Roughly 3.05 million shares changed hands compared to the three-month volume average 0.95 million shares. The first trade took place at $34.79 and the stock went up 4.68% to attain the closing price of $35.76.

Popular, Inc. (BPOP) Analyst Opinion

Popular, Inc. has a consensus hold rating from 9 Wall Street analysts, and the number of shares currently sold short amount to at least 2.83% of shares outstanding. The stock spiked 1.39% last month and is down -18.39 this year. Wall Street is only getting more bullish on the stock, with 3 of analysts who cover BPOP having a buy-equivalent rating. Analysts have placed a $46.25 price target on Popular, Inc., suggesting a 29.33% gain from recent close. It’s currently trading about -22.19% below its 52-week high.

Popular, Inc. Earnings Surprise

Popular, Inc. (BPOP) surprised the stock market in its last reported earnings when it earned $0.94 a piece versus the consensus-estimated $0.92. Its revenue totaled $368.22 million up 1.69% from the previous quarter.

Popular, Inc. (NASDAQ:BPOP) Intraday View

This stock (BPOP) is ahead of its 52-week low with 11.59%. Its last month’s stock price volatility remained 3.04% which for the week stands at 2.76%. The share price has moved forward from its 20 days moving average, trading at a distance of 5.05% and stays -4.18% away from its 50 days moving average. Over the last five days, shares have managed 10.06% gains and now is down -11.31% since hitting its 200-day moving average of $39.23. Popular, Inc. (BPOP) has made its way to a 12-month decline of -4.28%.

Turning to PTC Therapeutics, Inc. (NASDAQ:PTCT), its shares were trading at $16.25 a retreat of $-1.05, on the trading floor. The stock, after opening at $16.6, touched a high of $17.11 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.8. PTC Therapeutics, Inc. has 1 buy ratings, 5 holds and 0 sells even after the stock tumbled -26.14% from its high of $ 22.00 to a $668.04 million market value through last close.

PTC Therapeutics, Inc. (PTCT) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 2.62 to 2.75 during a month. Analysts set a 12-month price target of $19.17 a share. The target implies a 17.97% spike from where the shares are currently trading. Also, the current price highlights a discount of 53.85% to analysts’ high consensus price target.

PTC Therapeutics, Inc. (NASDAQ:PTCT) Intraday Trading

The counter witnessed a trading volume of 2.94 million shares versus an average volume of 1.08 million shares during last trading session. Its last month’s stock price volatility remained 8.25% which for the week approaches 6.84%. The lowest price the stock reached in the last trading day was $15.61 and compares with the $4.03 52-week low. The stock recovered 303.23% since its low point and has performed 48.95% year-to-date.

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