News stories about Banco Santander Brasil SA (NYSE:BSBR) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Banco Santander Brasil SA earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave news stories about the bank an impact score of 25 out of 100, indicating that recent news coverage is very unlikely to have an impact on the company’s share price in the immediate future.

BSBR has been the topic of several recent research reports. HSBC Holdings plc raised shares of Banco Santander Brasil SA from a “reduce” rating to a “hold” rating in a report on Thursday, May 18th. BidaskClub raised shares of Banco Santander Brasil SA from a “hold” rating to a “buy” rating in a report on Sunday. Bank of America Corporation raised shares of Banco Santander Brasil SA from an “underperform” rating to a “neutral” rating and upped their price target for the company from $18.00 to $29.00 in a report on Tuesday, May 2nd. Zacks Investment Research downgraded shares of Banco Santander Brasil SA from a “buy” rating to a “hold” rating in a report on Thursday, April 27th. Finally, Citigroup Inc. raised shares of Banco Santander Brasil SA from a “sell” rating to a “neutral” rating in a report on Tuesday, July 4th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $12.22.

Banco Santander Brasil SA (NYSE:BSBR) opened at 8.34 on Monday. The stock has a 50 day moving average of $7.78 and a 200-day moving average of $9.00. The firm has a market cap of $31.36 billion and a price-to-earnings ratio of 13.85. Banco Santander Brasil SA has a 52-week low of $5.76 and a 52-week high of $11.75.

COPYRIGHT VIOLATION NOTICE: This report was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another website, it was illegally stolen and republished in violation of international copyright laws. The correct version of this report can be read at https://www.watchlistnews.com/somewhat-positive-news-coverage-very-unlikely-to-impact-banco-santander-brasil-sa-nysebsbr-share-price/1444648.html.

Banco Santander Brasil SA Company Profile

Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.

Insider Buying and Selling by Quarter for Banco Santander Brasil SA (NYSE:BSBR)

Receive News & Ratings for Banco Santander Brasil SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander Brasil SA and related companies with Analyst Ratings Network's FREE daily email newsletter.