Banco Santander, S.A. (NYSE:SAN) was downgraded by research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Wednesday.

A number of other equities analysts have also weighed in on the stock. ValuEngine upgraded shares of Banco Santander, from a “buy” rating to a “strong-buy” rating in a research report on Monday. Zacks Investment Research raised shares of Banco Santander, from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research note on Wednesday, June 14th. Bank of America Corporation raised shares of Banco Santander, from an “underperform” rating to a “neutral” rating in a research note on Friday, June 9th. Keefe, Bruyette & Woods raised shares of Banco Santander, from an “underperform” rating to a “market perform” rating and set a $25.50 target price on the stock in a research note on Thursday, April 27th. Finally, Citigroup Inc. downgraded shares of Banco Santander, from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $16.63.

Shares of Banco Santander, (NYSE SAN) traded down 1.06% during mid-day trading on Wednesday, hitting $6.55. 11,833,530 shares of the stock traded hands. The company has a market cap of $95.50 billion, a P/E ratio of 13.65 and a beta of 1.40. The firm has a 50 day moving average of $6.67 and a 200 day moving average of $6.11. Banco Santander, has a 12 month low of $3.89 and a 12 month high of $6.99.

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A number of large investors have recently made changes to their positions in SAN. Winslow Evans & Crocker Inc. increased its position in shares of Banco Santander, by 0.6% in the second quarter. Winslow Evans & Crocker Inc. now owns 31,158 shares of the bank’s stock valued at $208,000 after buying an additional 180 shares in the last quarter. Weybosset Research & Management LLC increased its position in Banco Santander, by 0.8% in the first quarter. Weybosset Research & Management LLC now owns 34,006 shares of the bank’s stock valued at $206,000 after buying an additional 268 shares during the period. HighTower Advisors LLC increased its position in Banco Santander, by 0.6% in the first quarter. HighTower Advisors LLC now owns 65,877 shares of the bank’s stock valued at $399,000 after buying an additional 375 shares during the period. Ballentine Partners LLC increased its position in Banco Santander, by 0.4% in the first quarter. Ballentine Partners LLC now owns 117,366 shares of the bank’s stock valued at $713,000 after buying an additional 424 shares during the period. Finally, Farmers & Merchants Investments Inc. increased its position in Banco Santander, by 2.5% in the first quarter. Farmers & Merchants Investments Inc. now owns 19,694 shares of the bank’s stock valued at $120,000 after buying an additional 485 shares during the period. 0.71% of the stock is currently owned by hedge funds and other institutional investors.

About Banco Santander,

Banco Santander, SA is a retail and commercial bank. The Banks segments include Continental Europe, the United Kingdom, Latin America and the United States. The Continental Europe segment covers all businesses in the Continental Europe. The United Kingdom segment includes the businesses developed by various units and branches in the country.

Analyst Recommendations for Banco Santander, (NYSE:SAN)

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