J P Morgan Chase & Co reissued their neutral rating on shares of Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX) in a research note published on Thursday.

Other analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Grupo Financiero Santander Mexico S.A. B. de C.V. from a buy rating to a hold rating in a report on Thursday, September 14th. Goldman Sachs Group, Inc. (The) upgraded shares of Grupo Financiero Santander Mexico S.A. B. de C.V. from a sell rating to a neutral rating and set a $10.60 target price for the company in a report on Monday, September 11th. BidaskClub upgraded shares of Grupo Financiero Santander Mexico S.A. B. de C.V. from a buy rating to a strong-buy rating in a report on Thursday, August 17th. TheStreet upgraded shares of Grupo Financiero Santander Mexico S.A. B. de C.V. from a c rating to a b- rating in a report on Tuesday, August 1st. Finally, ValuEngine upgraded shares of Grupo Financiero Santander Mexico S.A. B. de C.V. from a hold rating to a buy rating in a report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. Grupo Financiero Santander Mexico S.A. B. de C.V. presently has an average rating of Hold and an average price target of $10.53.

Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX) traded down $0.04 during trading on Thursday, reaching $8.32. 1,168,426 shares of the company’s stock traded hands, compared to its average volume of 2,237,524. Grupo Financiero Santander Mexico S.A. B. de C.V. has a 12 month low of $6.73 and a 12 month high of $10.82. The stock has a market cap of $5,554.53, a PE ratio of 12.29, a price-to-earnings-growth ratio of 2.22 and a beta of 1.36. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.01 and a current ratio of 1.01.

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Several institutional investors have recently bought and sold shares of the company. Huntington National Bank grew its holdings in Grupo Financiero Santander Mexico S.A. B. de C.V. by 4.1% during the 2nd quarter. Huntington National Bank now owns 11,891 shares of the bank’s stock valued at $115,000 after purchasing an additional 463 shares during the last quarter. Eqis Capital Management Inc. grew its holdings in Grupo Financiero Santander Mexico S.A. B. de C.V. by 3.0% during the 2nd quarter. Eqis Capital Management Inc. now owns 39,668 shares of the bank’s stock valued at $382,000 after purchasing an additional 1,161 shares during the last quarter. State Street Corp grew its stake in Grupo Financiero Santander Mexico S.A. B. de C.V. by 2.9% in the 2nd quarter. State Street Corp now owns 45,899 shares of the bank’s stock worth $442,000 after acquiring an additional 1,300 shares in the last quarter. Aperio Group LLC grew its stake in Grupo Financiero Santander Mexico S.A. B. de C.V. by 10.5% in the 2nd quarter. Aperio Group LLC now owns 58,074 shares of the bank’s stock worth $560,000 after acquiring an additional 5,518 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Grupo Financiero Santander Mexico S.A. B. de C.V. by 16.6% in the 2nd quarter. Sei Investments Co. now owns 49,192 shares of the bank’s stock worth $474,000 after acquiring an additional 6,992 shares in the last quarter. Hedge funds and other institutional investors own 30.70% of the company’s stock.

Grupo Financiero Santander Mexico S.A. B. de C.V. Company Profile

Grupo Financiero Santander Mexico SAB de CV, formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities.

Analyst Recommendations for Grupo Financiero Santander Mexico S.A. B. de C.V. (NYSE:BSMX)

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