Banco Santander (SAN) Given a €5.85 Price Target by UBS Group Analysts

UBS Group set a €5.85 ($6.80) target price on Banco Santander (BME:SAN) in a research report sent to investors on Thursday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. set a €7.10 ($8.26) target price on Banco Santander and gave the stock a buy rating in a research report on Wednesday, June 20th. Morgan Stanley set a €6.00 ($6.98) target price on Banco Santander and gave the stock a buy rating in a research report on Tuesday, August 14th. Societe Generale set a €6.20 ($7.21) target price on Banco Santander and gave the stock a buy rating in a research report on Thursday, July 26th. Cfra set a €6.00 ($6.98) target price on Banco Santander and gave the stock a buy rating in a research report on Thursday, July 26th. Finally, Goldman Sachs Group set a €6.66 ($7.74) target price on Banco Santander and gave the stock a buy rating in a research report on Thursday, July 26th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Banco Santander has an average rating of Buy and an average target price of €5.76 ($6.70).

Shares of BME:SAN traded up €0.11 ($0.13) during trading on Thursday, hitting €5.44 ($6.33). 123,600,000 shares of the company were exchanged, compared to its average volume of 75,230,000. Banco Santander has a 52-week low of €5.27 ($6.13) and a 52-week high of €6.25 ($7.27).

About Banco Santander

Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services for individual and corporate clients worldwide. It offers demand and time deposits, and current and savings accounts; certificates of deposit; mortgages, auto finance, and personal loans; working capital finance; and debit and credit cards, as well as life and non-life insurance products.

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