Morgan Stanley Reiterates €6.80 Price Target for Banco Santander, S.A. (SAN)
Banco Santander, S.A. (BME:SAN) has been assigned a €6.80 ($8.10) price objective by equities research analysts at Morgan Stanley in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock.
Several other brokerages have also commented on SAN. Goldman Sachs Group, Inc. (The) set a €7.60 ($9.05) price target on shares of Banco Santander, and gave the company a “buy” rating in a research note on Friday, June 9th. S&P Global set a €6.30 ($7.50) price target on shares of Banco Santander, and gave the company a “neutral” rating in a research note on Thursday, June 8th. Kepler Capital Markets set a €6.50 ($7.74) price objective on Banco Santander, and gave the company a “neutral” rating in a report on Wednesday, June 7th. J P Morgan Chase & Co reissued a “buy” rating and issued a price objective on shares of Banco Santander, in a report on Wednesday, June 7th. Finally, Deutsche Bank AG set a €6.60 ($7.86) price objective on Banco Santander, and gave the company a “buy” rating in a report on Tuesday, June 6th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of €6.20 ($7.38).
Banco Santander, (SAN) traded up 0.31% during mid-day trading on Friday, reaching $6.41. 5,948,331 shares of the company were exchanged. The stock has a 50-day moving average of $6.61 and a 200 day moving average of $6.39. The firm has a market capitalization of $98.59 billion and a P/E ratio of 12.09. Banco Santander, has a 1-year low of $4.19 and a 1-year high of $6.99.
TRADEMARK VIOLATION WARNING: “Morgan Stanley Reiterates €6.80 Price Target for Banco Santander, S.A. (SAN)” was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.americanbankingnews.com/2017/09/08/morgan-stanley-reiterates-6-80-price-target-for-banco-santander-s-a-san.html.
About Banco Santander,
Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. The company offers demand and time deposits, and current and savings accounts; certificates of deposit; mortgages and auto finance, personal loans; working capital finance; and debit and credit cards, as well as life and non-life insurance products.
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.