Banco Santander-Chile’s “Overweight” Rating Reaffirmed at JPMorgan Chase & Co. (BSAC)
Banco Santander-Chile (NASDAQ:BSAC)‘s stock had its “overweight” rating restated by stock analysts at JPMorgan Chase & Co. in a report issued on Monday. They currently have a $31.00 target price on the stock, up from their previous target price of $29.00. JPMorgan Chase & Co.’s target price points to a potential upside of 17.92% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks upgraded shares of Banco Santander-Chile from a “neutral” rating to an “outperform” rating in a research note on Wednesday, June 25th. They now have a $28.60 price target on the stock. Analysts at Scotiabank upgraded shares of Banco Santander-Chile from a “sector perform” rating to an “outperform” rating in a research note on Monday, June 9th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $29.87.
Banco Santander-Chile (NASDAQ:BSAC) traded up 0.65% during mid-day trading on Monday, hitting $26.46. 102,007 shares of the company’s stock traded hands. Banco Santander-Chile has a one year low of $19.13 and a one year high of $27.09. The stock has a 50-day moving average of $25.79 and a 200-day moving average of $23.32. The company has a market cap of $12.466 billion and a price-to-earnings ratio of 13.15.
Banco Santander-Chile (NASDAQ:BSAC) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by $0.07. During the same quarter in the previous year, the company posted $0.43 earnings per share. Analysts expect that Banco Santander-Chile will post $1.87 EPS for the current fiscal year.
Banco Santander Chile (NASDAQ:BSAC) provides a range of general banking services to its customers, from individuals to corporations.
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