Banco Santander Brasil SA Assigned BBB+ Credit Rating (BSBR)
Banco Santander Brasil SA (NASDAQ:BSBR) has earned a “BBB+” credit rating from analysts at Morningstar. The firm’s “BBB+” rating suggests that the company is a moderate default risk. They also issued a positive credit outlook for the company and gave their stock a four star rating.
Separately, analysts at Credit Suisse downgraded shares of Banco Santander Brasil SA from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 1st.
Banco Santander Brasil SA (NASDAQ:BSBR) opened at 6.93 on Wednesday. Banco Santander Brasil SA has a 1-year low of $4.48 and a 1-year high of $7.29. The stock’s 50-day moving average is $6.77 and its 200-day moving average is $6.2. The company has a market cap of $26.161 billion and a P/E ratio of 10.35.
Banco Santander Brasil SA (NASDAQ:BSBR) last announced its earnings results on Tuesday, August 5th. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.05. On average, analysts predict that Banco Santander Brasil SA will post $0.70 earnings per share for the current fiscal year.
Banco Santander Brasil SA (NASDAQ:BSBR) is a Brazil-based bank.
To view more credit ratings from Morningstar, visit www.morningstar.com.
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