Banco Santander (BME:SAN) has been assigned a €5.50 ($6.79) price objective by equities researchers at Royal Bank of Canada in a report issued on Tuesday, February 20th. The firm currently has a “neutral” rating on the stock. Royal Bank of Canada’s target price points to a potential upside of 2.80% from the company’s previous close.
Other equities analysts also recently issued reports about the company. Barclays set a €6.50 ($8.02) price target on Banco Santander and gave the stock a “buy” rating in a research note on Friday, October 27th. Morgan Stanley set a €7.00 ($8.64) target price on Banco Santander and gave the company a “buy” rating in a research report on Wednesday, December 13th. UBS Group reissued a “buy” rating on shares of Banco Santander in a report on Monday, December 11th. JPMorgan Chase & Co. set a €7.00 ($8.64) target price on Banco Santander and gave the stock a “buy” rating in a report on Thursday, October 26th. Finally, Goldman Sachs Group set a €6.17 ($7.62) price target on Banco Santander and gave the stock a “neutral” rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Banco Santander presently has an average rating of “Buy” and an average price target of €6.41 ($7.91).
Shares of Banco Santander (BME SAN) traded down €0.10 ($0.12) during trading hours on Tuesday, hitting €5.35 ($6.60). The stock had a trading volume of 56,870,000 shares, compared to its average volume of 78,500,000. Banco Santander has a 12-month low of €5.26 ($6.49) and a 12-month high of €6.25 ($7.72). The company has a market cap of $86,340.00 and a price-to-earnings ratio of 12.44.
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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