Banco Santander-Chile (NASDAQ:BSAC) Getting Somewhat Positive Media Coverage, Report Finds

Headlines about Banco Santander-Chile (NASDAQ:BSAC) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Banco Santander-Chile earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the bank an impact score of 47.1089449107658 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the media stories that may have impacted Accern’s scoring:

• Banco Santander – Chile ADS (NYSE:BSAC) Trading Volume Significantly Lower (techkenyot.com)
• Banco Santander-Chile (NASDAQ:BSAC) Position Lowered by World Asset Management Inc (ismboard.com)
• Banco Santander-Chile (NASDAQ:BSAC) Upgraded at BidaskClub (americanbankingnews.com)
• Banco Santander-Chile (BSAC) Downgraded by Zacks Investment Research (americanbankingnews.com)
• Banco Santander – Chile ADS (BSAC) Trades at 52-Week High (campdesrecrues.com)

A number of equities analysts recently weighed in on BSAC shares. Credit Suisse Group restated a “neutral” rating and set a $26.00 price target (up from $25.00) on shares of Banco Santander-Chile in a research report on Wednesday, April 19th. Goldman Sachs Group, Inc. (The) boosted their price target on shares of Banco Santander-Chile from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 2nd. Zacks Investment Research lowered shares of Banco Santander-Chile from a “buy” rating to a “hold” rating in a research report on Monday, June 5th. Finally, BidaskClub lowered shares of Banco Santander-Chile from a “buy” rating to a “hold” rating in a research report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $25.25.

Banco Santander-Chile (NASDAQ:BSAC) traded down 1.35% during trading on Thursday, reaching $29.21. 255,495 shares of the company were exchanged. The stock has a 50 day moving average price of $26.77 and a 200 day moving average price of $24.47. Banco Santander-Chile has a 12 month low of $20.22 and a 12 month high of $30.02. The firm has a market capitalization of $13.76 billion and a PE ratio of 18.26.

Banco Santander-Chile (NASDAQ:BSAC) last posted its earnings results on Friday, July 28th. The bank reported $0.48 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.05. Banco Santander-Chile had a net margin of 29.10% and a return on equity of 20.58%. The firm had revenue of $704.02 million during the quarter, compared to the consensus estimate of $458.92 million. During the same period last year, the firm posted $0.40 EPS. On average, analysts expect that Banco Santander-Chile will post $1.77 EPS for the current fiscal year.

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About Banco Santander-Chile

Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The Bank’s segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Retail Banking segment consists of individuals and small to middle-sized entities (SMEs). The Middle-market segment serves companies and large corporations.