Shares of Banco Santander, S.A. (NYSE:SAN) have been given an average recommendation of “Hold” by the seventeen research firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $25.50.

Several brokerages have recently weighed in on SAN. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating on shares of Banco Santander, in a research note on Tuesday, August 15th. BidaskClub cut shares of Banco Santander, from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Zacks Investment Research cut shares of Banco Santander, from a “buy” rating to a “sell” rating in a research note on Thursday, August 10th. ValuEngine upgraded shares of Banco Santander, from a “buy” rating to a “strong-buy” rating in a research note on Monday, July 17th. Finally, Bank of America Corporation upgraded shares of Banco Santander, from an “underperform” rating to a “neutral” rating in a research note on Friday, June 9th.

Banco Santander, (NYSE:SAN) traded up 0.47% during mid-day trading on Tuesday, hitting $6.47. 2,962,740 shares of the stock traded hands. The stock has a market cap of $99.51 billion, a price-to-earnings ratio of 12.16 and a beta of 1.41. The company’s 50 day moving average price is $6.70 and its 200-day moving average price is $6.31. Banco Santander, has a 1-year low of $4.19 and a 1-year high of $6.99.

Banco Santander, (NYSE:SAN) last issued its quarterly earnings data on Friday, July 28th. The bank reported $0.12 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by $0.02. Banco Santander, had a return on equity of 6.70% and a net margin of 14.98%. The business had revenue of $13.10 billion during the quarter. Analysts predict that Banco Santander, will post $0.49 earnings per share for the current year.

The company also recently announced a None dividend, which was paid on Friday, August 11th. Shareholders of record on Thursday, August 3rd were paid a dividend of $0.056 per share. The ex-dividend date of this dividend was Tuesday, August 1st. Banco Santander,’s payout ratio is 37.50%.

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Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. boosted its stake in Banco Santander, by 0.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 44,299 shares of the bank’s stock worth $296,000 after buying an additional 160 shares during the last quarter. Winslow Evans & Crocker Inc. boosted its stake in Banco Santander, by 0.6% in the second quarter. Winslow Evans & Crocker Inc. now owns 31,158 shares of the bank’s stock worth $208,000 after buying an additional 180 shares during the last quarter. Weybosset Research & Management LLC boosted its stake in Banco Santander, by 0.7% in the second quarter. Weybosset Research & Management LLC now owns 34,247 shares of the bank’s stock worth $229,000 after buying an additional 241 shares during the last quarter. EagleClaw Capital Managment LLC boosted its stake in Banco Santander, by 0.4% in the second quarter. EagleClaw Capital Managment LLC now owns 82,920 shares of the bank’s stock worth $554,000 after buying an additional 352 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in Banco Santander, by 0.6% in the first quarter. HighTower Advisors LLC now owns 65,877 shares of the bank’s stock worth $399,000 after buying an additional 375 shares during the last quarter. Institutional investors own 1.21% of the company’s stock.

Banco Santander, Company Profile

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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