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Stock analysts at Compass Point began coverage on shares of Santander Consumer USA Holdings (NYSE:SC) in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $23.00 price target on the stock. Compass Point’s price target points to a potential upside of 18.13% from the stock’s previous close.

Santander Consumer USA Holdings (NYSE:SC) traded down 1.80% during mid-day trading on Tuesday, hitting $19.12. The stock had a trading volume of 201,141 shares. Santander Consumer USA Holdings has a 52-week low of $18.31 and a 52-week high of $26.50. The stock’s 50-day moving average is $19.95 and its 200-day moving average is $22.67. The company has a market cap of $6.669 billion and a P/E ratio of 13.93. Santander Consumer USA Holdings also was the recipient of a significant growth in short interest in June. As of June 13th, there was short interest totalling 3,438,143 shares, a growth of 133.2% from the May 30th total of 1,474,261 shares. Currently, 3.9% of the company’s shares are sold short. Based on an average trading volume of 3,778,897 shares, the short-interest ratio is currently 0.9 days.

Santander Consumer USA Holdings (NYSE:SC) last announced its earnings results on Thursday, May 1st. The company reported $0.44 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.44. On average, analysts predict that Santander Consumer USA Holdings will post $2.18 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on SC. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Santander Consumer USA Holdings in a research note on Tuesday, June 17th. They now have a $22.00 price target on the stock, down previously from $28.00. Separately, analysts at Credit Suisse cut their price target on shares of Santander Consumer USA Holdings from $29.00 to $26.00 in a research note on Tuesday, June 17th. They now have an “outperform” rating on the stock. Finally, analysts at BMO Capital Markets cut their price target on shares of Santander Consumer USA Holdings from $27.00 to $21.00 in a research note on Friday, June 13th. They now have an “outperform” rating on the stock. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. Santander Consumer USA Holdings currently has an average rating of “Buy” and an average price target of $25.92.

Santander Consumer USA Holdings Inc is a full-service, consumer finance company focused on vehicle finance and unsecured consumer lending products.

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