Brokerages Set Banco Santander, S.A. (SAN) Price Target at $5.76

Shares of Banco Santander, S.A. (BME:SAN) have been given an average rating of “Buy” by the fifteen brokerages that are currently covering the company, Marketbeat reports. Two equities research 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. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is €5.67 ($6.59).

A number of brokerages have recently commented on SAN. Credit Suisse Group set a €5.40 ($6.28) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Friday. Goldman Sachs Group set a €6.30 ($7.33) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Thursday. UBS Group set a €5.85 ($6.80) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Thursday. HSBC set a €5.30 ($6.16) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Tuesday, October 9th. Finally, Morgan Stanley set a €5.90 ($6.86) price objective on shares of Banco Santander and gave the company a “buy” rating in a research report on Monday, October 8th.

Shares of Banco Santander stock traded up €0.11 ($0.13) during trading on Friday, reaching €5.44 ($6.33). The company’s stock had a trading volume of 123,600,000 shares, compared to its average volume of 75,230,000. Banco Santander has a fifty-two week low of €5.27 ($6.13) and a fifty-two 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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Analyst Recommendations for Banco Santander (BME:SAN)

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