Banco Santander, S.A. (SAN) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Banco Santander, S.A. (BME:SAN) have received a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and six have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is €6.29 ($7.40).
Several equities research analysts have recently weighed in on SAN shares. J P Morgan Chase & Co reiterated a “buy” rating on shares of Banco Santander, in a research note on Friday, September 8th. Goldman Sachs Group, Inc. (The) set a €6.17 ($7.26) price objective on Banco Santander, and gave the company a “neutral” rating in a research note on Friday, October 6th. UBS AG set a €6.30 ($7.41) price objective on Banco Santander, and gave the company a “buy” rating in a research note on Thursday, October 5th. Morgan Stanley set a €6.80 ($8.00) price objective on Banco Santander, and gave the company a “buy” rating in a research note on Friday, September 8th. Finally, Deutsche Bank AG set a €6.60 ($7.76) price objective on Banco Santander, and gave the company a “buy” rating in a research note on Wednesday, July 19th.
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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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