Banco Santander, S.A. (NYSE:SAN)‘s stock had its “neutral” rating restated by Goldman Sachs Group, Inc. (The) in a report released on Tuesday.

Several other brokerages also recently commented on SAN. ValuEngine raised shares of Banco Santander, from a “buy” rating to a “strong-buy” rating in a report on Monday, July 17th. Bank of America Corporation raised shares of Banco Santander, from an “underperform” rating to a “neutral” rating in a report 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 for the company in a report on Thursday, April 27th. Zacks Investment Research raised shares of Banco Santander, from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a report on Wednesday, June 14th. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Banco Santander, in a report on Thursday, April 20th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $16.63.

Banco Santander, (SAN) traded down 0.15% during trading on Tuesday, hitting $6.59. 4,394,295 shares of the stock traded hands. The company’s 50 day moving average is $6.73 and its 200 day moving average is $6.28. Banco Santander, has a one year low of $4.08 and a one year high of $6.99. The company has a market capitalization of $101.36 billion, a P/E ratio of 12.34 and a beta of 1.41.

Banco Santander, (NYSE:SAN) last announced its earnings results on Friday, July 28th. The bank reported $0.12 EPS for the quarter, missing the consensus estimate of $0.14 by $0.02. The company had revenue of $13.10 billion for the quarter. Banco Santander, had a return on equity of 6.70% and a net margin of 14.98%. On average, equities analysts forecast that Banco Santander, will post $0.49 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Banco Santander, S.A. (SAN) Rating Reiterated by Goldman Sachs Group, Inc. (The)” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another domain, it was copied illegally and republished in violation of international copyright & trademark laws. The correct version of this article can be read at https://www.americanbankingnews.com/2017/08/15/banco-santander-s-a-san-rating-reiterated-by-goldman-sachs-group-inc-the.html.

Hedge funds have recently modified their holdings of the company. Lincoln National Corp boosted its stake in shares of Banco Santander, by 5.0% in the second quarter. Lincoln National Corp now owns 15,711 shares of the bank’s stock valued at $105,000 after buying an additional 755 shares during the period. Rhumbline Advisers purchased a new position in shares of Banco Santander, during the second quarter valued at approximately $108,000. Keybank National Association OH purchased a new position in shares of Banco Santander, during the first quarter valued at approximately $114,000. Good Life Advisors LLC purchased a new position in shares of Banco Santander, during the second quarter valued at approximately $119,000. Finally, Farmers & Merchants Investments Inc. boosted its position in shares of 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 last quarter. Institutional investors and hedge funds own 1.21% of the company’s stock.

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)

Receive News & Ratings for Banco Santander S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander S.A. and related companies with MarketBeat.com's FREE daily email newsletter.