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Grupo Financiero Santander Mexico (NASDAQ:BSMX) hit a new 52-week low during trading on Monday , AnalystRatings.Net reports. The stock traded as low as $10.17 and last traded at $10.19, with a volume of 882,192 shares. The stock had previously closed at $10.47.

A number of research firms have recently commented on BSMX. Analysts at Barclays downgraded shares of Grupo Financiero Santander Mexico from an “equal weight” rating to an “underweight” rating in a research note to investors on Thursday. Separately, analysts at RBC Capital cut their price target on shares of Grupo Financiero Santander Mexico from $13.00 to $11.00 in a research note to investors on Monday, February 3rd. They now have an “underperform” rating on the stock. Finally, analysts at Bank of America downgraded shares of Grupo Financiero Santander Mexico from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, January 31st. Four investment analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. Grupo Financiero Santander Mexico presently has an average rating of “Hold” and a consensus target price of $12.80.

The stock has a 50-day moving average of $12.55 and a 200-day moving average of $13.76. The company has a market cap of $4.482 billion and a price-to-earnings ratio of 8.72.

Grupo Financiero Santander Mexico (NASDAQ:BSMX) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.23 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.24 by $0.01.

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