Banco Santander (SAN) Given a €6.35 Price Target by UBS Group Analysts

Banco Santander (BME:SAN) has been given a €6.35 ($7.56) price target by equities researchers at UBS Group in a note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price points to a potential upside of 12.99% from the stock’s previous close.

SAN has been the subject of several other research reports. JPMorgan Chase & Co. set a €7.00 ($8.33) price target on Banco Santander and gave the company a “buy” rating in a report on Wednesday, October 11th. Morgan Stanley set a €6.80 ($8.10) price target on Banco Santander and gave the company a “buy” rating in a report on Friday, September 8th. Barclays set a €6.50 ($7.74) price target on Banco Santander and gave the company a “buy” rating in a report on Friday, October 27th. Deutsche Bank set a €6.60 ($7.86) target price on Banco Santander and gave the stock a “buy” rating in a report on Tuesday, September 26th. Finally, Societe Generale set a €6.90 ($8.21) target price on Banco Santander and gave the stock a “buy” rating in a report on Monday, September 25th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the company’s stock. Banco Santander has a consensus rating of “Hold” and a consensus target price of €6.28 ($7.47).

Banco Santander (BME:SAN) traded up €0.18 ($0.21) during trading hours on Thursday, hitting €5.64 ($6.71). 76,520,000 shares of the company’s stock traded hands, compared to its average volume of 44,640,000. Banco Santander has a fifty-two week low of €4.85 ($5.77) and a fifty-two week high of €6.25 ($7.44). The firm has a market capitalization of $91,350.00 and a P/E ratio of 12.26.

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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.

Analyst Recommendations for Banco Santander (BME:SAN)

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