Morgan Stanley set a €7.00 ($8.33) price objective on Banco Santander (BME:SAN) in a report released on Wednesday morning. The brokerage currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the company. J P Morgan Chase & Co set a €7.00 ($8.33) target price on Banco Santander and gave the stock a buy rating in a research report on Wednesday. Citigroup reaffirmed a neutral rating on shares of Banco Santander in a research report on Monday, September 25th. Deutsche Bank set a €6.60 ($7.86) target price on Banco Santander and gave the stock a buy rating in a research report on Wednesday, October 4th. Royal Bank of Canada set a €5.80 ($6.90) target price on Banco Santander and gave the stock a neutral rating in a research report on Wednesday, December 6th. Finally, set a €6.10 ($7.26) target price on Banco Santander and gave the stock a neutral rating in a research report on Monday, September 25th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of €6.26 ($7.45).

Banco Santander (BME:SAN) traded up €0.01 ($0.01) during mid-day trading on Wednesday, reaching €5.67 ($6.75). 29,730,000 shares of the company traded hands, compared to its average volume of 46,510,000. 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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