UBS Group Reiterates €3.50 Price Target for Banco Santander (BME:SAN)


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Banco Santander (BME:SAN) has been given a €3.50 ($4.12) target price by equities researchers at UBS Group in a report issued on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock.

A number of other analysts have also recently weighed in on SAN. JPMorgan Chase & Co. set a €3.10 ($3.65) price target on Banco Santander and gave the company a “neutral” rating in a research report on Tuesday, March 23rd. The Goldman Sachs Group set a €4.30 ($5.06) price target on Banco Santander and gave the stock a “buy” rating in a research report on Tuesday, April 13th. Jefferies Financial Group set a €2.50 ($2.94) price objective on Banco Santander and gave the company a “sell” rating in a research report on Thursday, February 25th. Deutsche Bank Aktiengesellschaft set a €2.85 ($3.35) price objective on Banco Santander and gave the stock a “neutral” rating in a research report on Tuesday, January 12th. Finally, Royal Bank of Canada set a €3.00 ($3.53) target price on Banco Santander and gave the company a “buy” rating in a research report on Thursday, February 11th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. Banco Santander presently has a consensus rating of “Hold” and an average target price of €2.98 ($3.50).

Banco Santander has a one year low of €5.27 ($6.20) and a one year high of €6.25 ($7.35).

About Banco Santander

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, used vehicle finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; various cards; debt capital market services; and insurance products.

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Analyst Recommendations for Banco Santander (BME:SAN)

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