Banco Santander Chile (BSAC) Stock Rating Lowered by Citigroup
Banco Santander Chile (NYSE:BSAC) was downgraded by research analysts at Citigroup from a “buy” rating to a “neutral” rating in a research report issued on Friday.
Several other equities analysts have also recently commented on BSAC. BidaskClub upgraded Banco Santander Chile from a “hold” rating to a “buy” rating in a research report on Tuesday, September 26th. Scotia Howard Weill raised Banco Santander Chile from a “sector perform” rating to an “outperform” rating in a research report on Friday, August 25th. UBS lowered shares of Banco Santander Chile from a “neutral” rating to a “sell” rating and lifted their price target for the stock from $24.00 to $27.00 in a research note on Tuesday, August 22nd. Finally, Zacks Investment Research downgraded shares of Banco Santander Chile from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. Banco Santander Chile currently has a consensus rating of “Hold” and a consensus target price of $28.00.
Shares of Banco Santander Chile (NYSE BSAC) traded down $0.56 on Friday, reaching $27.47. 553,600 shares of the company’s stock were exchanged, compared to its average volume of 446,053. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 2.75. Banco Santander Chile has a one year low of $21.06 and a one year high of $32.02. The firm has a market capitalization of $12,970.00, a PE ratio of 16.41, a P/E/G ratio of 1.43 and a beta of 0.75.
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Banco Santander Chile Company Profile
Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The Bank’s segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Retail Banking segment consists of individuals and small to middle-sized entities (SMEs). The Middle-market segment serves companies and large corporations.
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