SAN Stock: Banco Santander, S.A. Raised to “Buy” at Goldman Sachs Group, Inc

0
6
SAN Stock: Banco Santander, S.A. Raised to


Banco Santander, S.A. (NYSE:SAN) was upgraded by stock analysts at Goldman Sachs Group, Inc. (The) from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday.

SAN has been the subject of several other research reports. Zacks Investment Research cut shares of Banco Santander, from a “buy” rating to a “hold” rating in a report on Saturday, September 16th. ValuEngine cut shares of Banco Santander, from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Finally, BidaskClub cut shares of Banco Santander, from a “buy” rating to a “hold” rating in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. Banco Santander, has a consensus rating of “Buy” and a consensus price target of $16.63.

Shares of Banco Santander, (NYSE SAN) opened at $6.46 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 3.88. Banco Santander, has a 12-month low of $4.40 and a 12-month high of $6.99. The stock has a market cap of $94,201.92, a price-to-earnings ratio of 12.92, a PEG ratio of 1.29 and a beta of 1.40.

Banco Santander, (NYSE:SAN) last announced its earnings results on Thursday, October 26th. The bank reported $0.14 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.14. Banco Santander, had a net margin of 14.06% and a return on equity of 6.86%. The business had revenue of $14.39 billion during the quarter. research analysts expect that Banco Santander, will post 0.55 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in SAN. Bank of Montreal Can boosted its holdings in Banco Santander, by 5.9% during the second quarter. Bank of Montreal Can now owns 857,672 shares of the bank’s stock worth $5,738,000 after purchasing an additional 47,887 shares during the last quarter. Creative Planning lifted its stake in Banco Santander, by 8.0% in the second quarter. Creative Planning now owns 64,544 shares of the bank’s stock valued at $432,000 after acquiring an additional 4,762 shares during the last quarter. Eqis Capital Management Inc. lifted its stake in Banco Santander, by 28.1% in the second quarter. Eqis Capital Management Inc. now owns 40,760 shares of the bank’s stock valued at $273,000 after acquiring an additional 8,952 shares during the last quarter. US Bancorp DE lifted its stake in Banco Santander, by 16.7% in the second quarter. US Bancorp DE now owns 130,241 shares of the bank’s stock valued at $871,000 after acquiring an additional 18,637 shares during the last quarter. Finally, Huntington National Bank lifted its stake in Banco Santander, by 51.2% in the second quarter. Huntington National Bank now owns 21,449 shares of the bank’s stock valued at $143,000 after acquiring an additional 7,264 shares during the last quarter. Institutional investors and hedge funds own 1.35% of the company’s stock.

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, (NYSE:SAN)



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here