BidaskClub downgraded shares of Banco Santander Brasil (NYSE:BSBR) from a buy rating to a hold rating in a research note issued to investors on Tuesday, November 14th.
Other equities analysts also recently issued research reports about the stock. Zacks Investment Research upgraded shares of Banco Santander Brasil from a hold rating to a buy rating and set a $10.00 price objective on the stock in a report on Wednesday, November 8th. ValuEngine lowered Banco Santander Brasil from a strong-buy rating to a buy rating in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co upgraded Banco Santander Brasil from a neutral rating to an overweight rating and upped their target price for the company from $8.00 to $10.00 in a research report on Wednesday, November 1st. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $14.25.
Shares of Banco Santander Brasil (NYSE BSBR) traded up $0.14 during trading on Tuesday, reaching $8.89. 1,290,000 shares of the company’s stock were exchanged, compared to its average volume of 1,339,875. Banco Santander Brasil has a fifty-two week low of $6.86 and a fifty-two week high of $11.75. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.90 and a quick ratio of 0.90. The company has a market capitalization of $33,388.67, a P/E ratio of 16.16, a PEG ratio of 0.77 and a beta of 1.51.
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About Banco Santander Brasil
Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.
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