Banco Santander (BME:SAN) received a €6.60 ($7.86) price objective from equities researchers at Deutsche Bank in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Deutsche Bank’s price objective indicates a potential upside of 11.30% from the stock’s previous close.
A number of other equities research analysts have also issued reports on the company. JPMorgan Chase & Co. set a €7.00 ($8.33) price target on Banco Santander and gave the stock a “buy” rating in a research note on Thursday. Goldman Sachs Group set a €6.07 ($7.23) price objective on shares of Banco Santander and gave the company a “buy” rating in a report on Monday, January 15th. Royal Bank of Canada set a €5.80 ($6.90) price objective on shares of Banco Santander and gave the company a “neutral” rating in a report on Friday, January 5th. UBS Group set a €6.35 ($7.56) price objective on shares of Banco Santander and gave the company a “buy” rating in a report on Thursday, January 4th. Finally, Morgan Stanley set a €7.00 ($8.33) price objective on shares of Banco Santander and gave the company a “buy” rating in a report on Wednesday, December 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the stock. Banco Santander has an average rating of “Hold” and a consensus price target of €6.25 ($7.44).
Shares of Banco Santander (BME SAN) traded up €0.03 ($0.04) during mid-day trading on Friday, reaching €5.93 ($7.06). The company’s stock had a trading volume of 61,660,000 shares, compared to its average volume of 48,700,000. Banco Santander has a 1-year low of €4.85 ($5.77) and a 1-year high of €6.25 ($7.44). The stock has a market cap of $96,100.00 and a price-to-earnings ratio of 12.89.
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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