Banco Santander-Chile Reaches New 12-Month High at $27.09 (BSAC)
Shares of Banco Santander-Chile (NASDAQ:BSAC) reached a new 52-week high during trading on Monday , Analyst RN reports. The stock traded as high as $27.09 and last traded at $26.84, with a volume of 41,047 shares changing hands. The stock had previously closed at $26.90.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Banco Santander-Chile in a research note on Monday, July 7th. They now have a $31.00 price target on the stock, up previously from $29.00. Separately, 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. Finally, 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 investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $29.87.
The stock’s 50-day moving average is $26.11 and its 200-day moving average is $23.49. The company has a market cap of $12.626 billion and a price-to-earnings ratio of 13.45.
Banco Santander-Chile (NASDAQ:BSAC) last released its 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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