Banco Santander SA (BME:SAN) Receives Average Recommendation of “Buy” from Brokerages

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Banco Santander SA (BME:SAN) has been assigned a consensus rating of “Buy” from the fifteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is €5.01 ($5.83).

SAN has been the subject of several recent research reports. Jefferies Financial Group set a €3.70 ($4.30) target price on shares of Banco Santander and gave the stock a “sell” rating in a report on Monday, April 1st. UBS Group set a €5.05 ($5.87) price target on shares of Banco Santander and gave the stock a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. set a €5.00 ($5.81) price target on shares of Banco Santander and gave the stock a “buy” rating in a research report on Tuesday, March 12th. Goldman Sachs Group set a €6.18 ($7.19) price target on shares of Banco Santander and gave the stock a “buy” rating in a research report on Friday, March 8th. Finally, Berenberg Bank set a €3.60 ($4.19) price target on shares of Banco Santander and gave the stock a “sell” rating in a research report on Thursday, February 28th.

Banco Santander has a 1-year low of €5.27 ($6.13) and a 1-year high of €6.25 ($7.27).

Banco Santander Company Profile

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; debt capital markets and global markets services; and debit and credit cards.

Read More: Why is Cost of Capital Important?

Analyst Recommendations for Banco Santander (BME:SAN)

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