Credit Suisse Group Reiterates “€5.00” Price Target for Banco Santander (BME:SAN)

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Credit Suisse Group set a €5.00 ($5.81) price target on Banco Santander (BME:SAN) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other analysts also recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed a top pick rating on shares of in a report on Thursday, July 4th. Royal Bank of Canada lowered their target price on shares of Patterson-UTI Energy to $21.00 and set an outperform rating on the stock in a report on Tuesday, June 18th. HSBC set a €6.90 ($8.02) target price on shares of Deutsche Bank and gave the company a neutral rating in a report on Tuesday, July 9th. Jefferies Financial Group started coverage on shares of in a report on Wednesday, July 3rd. They issued an underperform rating on the stock. Finally, Deutsche Bank lifted their target price on shares of Prudential Financial from $97.00 to $104.00 and gave the company a hold rating in a report on Friday, April 12th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of €4.96 ($5.76).

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; mortgages, consumer finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; debt capital markets and global markets services; and debit and credit cards.

See Also: Cost of equity and a company’s balance sheet

Analyst Recommendations for Banco Santander (BME:SAN)

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