Banco Santander (SAN) Given a €7.00 Price Target by Morgan Stanley Analysts
Banco Santander (BME:SAN) has been assigned a €7.00 ($8.64) price objective by equities researchers at Morgan Stanley in a report issued on Friday. The firm presently has a “buy” rating on the stock. Morgan Stanley’s target price points to a potential upside of 28.68% from the stock’s previous close.
SAN has been the subject of a number of other reports. JPMorgan Chase reiterated a “buy” rating on shares of Banco Santander in a research report on Thursday, January 4th. Royal Bank of Canada set a €6.00 ($7.41) target price on shares of Banco Santander and gave the company a “neutral” rating in a research report on Monday, December 18th. UBS set a €6.60 ($8.15) target price on shares of Banco Santander and gave the company a “buy” rating in a research report on Thursday, March 8th. Deutsche Bank set a €6.60 ($8.15) target price on shares of Banco Santander and gave the company a “buy” rating in a research report on Friday, January 19th. Finally, Goldman Sachs set a €6.40 ($7.90) price objective on shares of Banco Santander and gave the company a “buy” rating in a report on Tuesday, February 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of €6.41 ($7.91).
Shares of BME SAN opened at €5.44 ($6.72) on Friday. Banco Santander has a 52 week low of €5.27 ($6.51) and a 52 week high of €6.25 ($7.72).
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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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