Banco Santander (BME:SAN) received a €7.00 ($8.33) price objective from research analysts at J P Morgan Chase & Co in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock. J P Morgan Chase & Co’s price target would suggest a potential upside of 23.89% from the company’s current price.

A number of other research firms have also weighed in on SAN. Morgan Stanley set a €6.80 ($8.10) price target on Banco Santander and gave the company a “buy” rating in a research report on Friday, September 8th. Goldman Sachs Group set a €6.17 ($7.35) price target on Banco Santander and gave the company a “neutral” rating in a research report on Thursday, October 12th. Citigroup reiterated a “neutral” rating on shares of Banco Santander in a research report on Monday, September 25th. Jefferies Group set a €4.90 ($5.83) price target on Banco Santander and gave the company a “sell” rating in a research report on Thursday, November 2nd. Finally, set a €6.10 ($7.26) price target on Banco Santander and gave the company a “neutral” rating in a research report on Wednesday, October 11th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €6.26 ($7.45).

Banco Santander (SAN) opened at €5.65 ($6.73) on Wednesday. Banco Santander has a 1 year low of €4.75 ($5.65) and a 1 year high of €6.25 ($7.44).

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Banco Santander Company Profile

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 (BME:SAN)

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