Banco Santander Brasil SA (BSBR) Receives Consensus Rating of “Hold” from Analysts
Shares of Banco Santander Brasil SA (NYSE:BSBR) have been assigned a consensus recommendation of “Hold” from the ten ratings firms that are covering the firm, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $15.67.
Several equities analysts have commented on the stock. Zacks Investment Research downgraded shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a report on Monday, September 11th. J P Morgan Chase & Co upgraded shares of Banco Santander Brasil from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $8.00 to $10.00 in a report on Wednesday, November 1st. BidaskClub downgraded shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a report on Tuesday, November 14th. Finally, ValuEngine downgraded shares of Banco Santander Brasil from a “strong-buy” rating to a “buy” rating in a report on Monday, October 2nd.
Banco Santander Brasil (BSBR) traded down $0.09 during midday trading on Friday, reaching $9.44. 1,341,000 shares of the company’s stock traded hands, compared to its average volume of 2,193,186. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.90 and a quick ratio of 0.90. Banco Santander Brasil has a 1 year low of $6.86 and a 1 year high of $11.75. The company has a market capitalization of $35,792.36, a price-to-earnings ratio of 17.33, a P/E/G ratio of 0.83 and a beta of 1.51.
TRADEMARK VIOLATION WARNING: “Banco Santander Brasil SA (BSBR) Receives Consensus Rating of “Hold” from Analysts” was first reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/15/banco-santander-brasil-sa-bsbr-receives-consensus-rating-of-hold-from-analysts.html.
About Banco Santander Brasil
Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.
Receive News & Ratings for Banco Santander Brasil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander Brasil and related companies with MarketBeat.com's FREE daily email newsletter.