Banco Santander (BME:SAN) Given a €5.50 Price Target at Royal Bank Of Canada

Banco Santander (BME:SAN) has been assigned a €5.50 ($6.55) target price by stock analysts at Royal Bank Of Canada in a note issued to investors on Friday, November 17th. The brokerage currently has a “neutral” rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. J P Morgan Chase & Co reiterated a “buy” rating on shares of Banco Santander in a research report on Friday, September 8th. Jefferies Group set a €4.90 ($5.83) price objective on shares of Banco Santander and gave the stock a “sell” rating in a research note on Thursday, November 2nd. Goldman Sachs Group set a €6.17 ($7.35) price objective on shares of Banco Santander and gave the stock a “neutral” rating in a research note on Friday, October 6th. Deutsche Bank set a €6.60 ($7.86) price objective on shares of Banco Santander and gave the stock a “buy” rating in a research note on Friday, October 20th. Finally, UBS set a €6.30 ($7.50) target price on shares of Banco Santander and gave the company a “buy” rating in a research note on Thursday, October 5th. One analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of €6.26 ($7.45).

Shares of Banco Santander (BME:SAN) traded down €0.06 ($0.07) during trading on Friday, reaching €5.50 ($6.55). 58,000,000 shares of the company’s stock traded hands, compared to its average volume of 57,750,000. Banco Santander has a twelve month low of €4.13 ($4.92) and a twelve month high of €6.25 ($7.44).

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About Banco Santander

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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