Banco Santander, S.A. (SAN) Given Average Rating of “Buy” by Analysts

Shares of Banco Santander, S.A. (NYSE:SAN) have received an average recommendation of “Buy” from the fourteen analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $15.85.

A number of research analysts have recently commented on the company. Zacks Investment Research cut Banco Santander from a “buy” rating to a “hold” rating in a research note on Friday, September 29th. Goldman Sachs Group reissued a “neutral” rating on shares of Banco Santander in a research note on Tuesday, August 15th. BidaskClub cut Banco Santander from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Finally, ValuEngine cut Banco Santander from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st.

Banco Santander (NYSE:SAN) traded down $0.04 on Thursday, hitting $6.69. The stock had a trading volume of 4,879,687 shares, compared to its average volume of 6,098,864. The company has a market capitalization of $106,669.81, a PE ratio of 13.30, a price-to-earnings-growth ratio of 1.32 and a beta of 1.40. Banco Santander has a 1 year low of $4.44 and a 1 year high of $6.99. The company has a debt-to-equity ratio of 3.88, a quick ratio of 1.38 and a current ratio of 1.38.

Banco Santander (NYSE:SAN) last released its earnings results on Thursday, October 26th. The bank reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $14.39 billion for the quarter. Banco Santander had a return on equity of 6.86% and a net margin of 14.06%. sell-side analysts expect that Banco Santander will post 0.55 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Adviser Investments LLC bought a new stake in Banco Santander during the 3rd quarter valued at $344,000. WBI Investments Inc. bought a new stake in Banco Santander during the 2nd quarter valued at $3,171,000. Senvest Management LLC bought a new stake in Banco Santander during the 2nd quarter valued at $8,363,000. Pacer Advisors Inc. boosted its position in Banco Santander by 409.9% during the 2nd quarter. Pacer Advisors Inc. now owns 151,887 shares of the bank’s stock valued at $1,016,000 after acquiring an additional 122,097 shares in the last quarter. Finally, Good Life Advisors LLC bought a new stake in Banco Santander during the 2nd quarter valued at $119,000. 1.39% of the stock is currently owned by institutional investors and hedge funds.

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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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