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Analysts Offer Insights on Financial Companies: Provident Financial Services (PFS), Popular (BPOP) and Invesco (IVZ)

Tipranks - Thu Jan 29, 6:41AM CST

Analysts have been eager to weigh in on the Financial sector with new ratings on Provident Financial Services (PFSResearch Report), Popular (BPOPResearch Report) and Invesco (IVZResearch Report).

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Provident Financial Services (PFS)

In a report released today, Mark Fitzgibbon from Piper Sandler maintained a Buy rating on Provident Financial Services, with a price target of $24.00. The company’s shares closed last Tuesday at $20.83, close to its 52-week high of $22.24.

According to TipRanks.com, Fitzgibbon is a 4-star analyst with an average return of 7.3% and a 62.5% success rate. Fitzgibbon covers the Financial sector, focusing on stocks such as Chain Bridge Bancorp, Inc. Class A, Beacon Financial Corporation, and Western New England Bancorp. ;'>

Currently, the analyst consensus on Provident Financial Services is a Moderate Buy with an average price target of $24.00, implying a 15.1% upside from current levels. In a report released yesterday, TipRanks – Google also upgraded the stock to Buy with a $24.00 price target.

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Popular (BPOP)

In a report released today, Gerard Cassidy from RBC Capital maintained a Buy rating on Popular, with a price target of $141.00. The company’s shares closed last Tuesday at $130.60.

According to TipRanks.com, Cassidy is a top 100 analyst with an average return of 18.3% and a 72.8% success rate. Cassidy covers the Financial sector, focusing on stocks such as Bank of New York Mellon, Fifth Third Bancorp, and Goldman Sachs Group. ;'>

Popular has an analyst consensus of Moderate Buy, with a price target consensus of $149.60, implying a 18.5% upside from current levels. In a report released today, KBW also maintained a Buy rating on the stock with a $155.00 price target.

Invesco (IVZ)

In a report released today, Alexander Blostein from Goldman Sachs maintained a Hold rating on Invesco, with a price target of $29.50. The company’s shares closed last Tuesday at $27.16.

According to TipRanks.com, Blostein is a top 100 analyst with an average return of 19.6% and a 75.3% success rate. Blostein covers the Financial sector, focusing on stocks such as Apollo Global Management, Raymond James Financial, and Bank of New York Mellon. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Invesco with a $30.10 average price target, representing a 2.9% upside. In a report issued on January 13, Evercore ISI also maintained a Hold rating on the stock with a $31.00 price target.

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