Banco Santander (NYSE:SAN) Shares Gap Down to $4.10
Banco Santander SA (NYSE:SAN)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $4.21, but opened at $4.10. Banco Santander shares last traded at $3.98, with a volume of 9,973,100 shares trading hands.
A number of equities analysts recently commented on SAN shares. Keefe, Bruyette & Woods downgraded Banco Santander from an “outperform” rating to an “underperform” rating in a report on Thursday, October 31st. Deutsche Bank cut Banco Santander from a “buy” rating to a “hold” rating in a research note on Tuesday, December 10th. JPMorgan Chase & Co. cut Banco Santander from an “overweight” rating to a “neutral” rating and set a $81.00 price target on the stock. in a research note on Thursday, October 31st. Zacks Investment Research raised Banco Santander from a “sell” rating to a “buy” rating and set a $4.75 price target on the stock in a research note on Wednesday, January 1st. Finally, Citigroup started coverage on Banco Santander in a research note on Tuesday, October 1st. They issued a “neutral” rating on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $30.58.
The company has a market capitalization of $66.41 billion, a PE ratio of 7.24 and a beta of 1.20. The company has a 50 day moving average of $4.05 and a two-hundred day moving average of $4.11. The company has a debt-to-equity ratio of 11.13, a current ratio of 0.20 and a quick ratio of 2.08.
Banco Santander Company Profile (NYSE:SAN)
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.
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