Banco Santander, S.A. (SAN) Given Consensus Rating of “Hold” by Brokerages
Shares of Banco Santander, S.A. (BME:SAN) have received an average recommendation of “Hold” from the twelve ratings firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is €6.25 ($7.36).
SAN has been the subject of a number of research analyst reports. Deutsche Bank AG set a €6.60 ($7.76) target price on Banco Santander, and gave the company a “buy” rating in a research note on Wednesday. Morgan Stanley set a €6.80 ($8.00) price target on Banco Santander, and gave the stock a “buy” rating in a report on Monday. J P Morgan Chase & Co set a €7.00 ($8.24) price target on Banco Santander, and gave the stock a “buy” rating in a research report on Thursday, September 28th. Citigroup Inc. reaffirmed a “neutral” rating on shares of Banco Santander, in a research report on Monday, September 25th. Finally, Societe Generale set a €6.90 ($8.12) price objective on Banco Santander, and gave the company a “buy” rating in a report on Monday, September 25th.
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Shares of Banco Santander, (SAN) traded down 2.94% during midday trading on Wednesday, hitting $6.60. 4,106,033 shares of the company’s stock were exchanged. Banco Santander, has a 52 week low of $4.23 and a 52 week high of $6.99. The company has a 50-day moving average of $6.60 and a 200-day moving average of $6.54. The firm has a market cap of $101.51 billion and a price-to-earnings ratio of 12.13.
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.
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