Banco Santander, S.A. (BME:SAN) has been given a €6.80 ($8.00) price objective by investment analysts at Morgan Stanley in a report issued on Tuesday, October 17th. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price target indicates a potential upside of 20.14% from the stock’s current price.
A number of other brokerages also recently commented on SAN. Citigroup Inc. reaffirmed a “neutral” rating on shares of Banco Santander, in a research report on Monday, August 7th. J P Morgan Chase & Co set a €6.80 ($8.00) target price on Banco Santander, and gave the stock a “buy” rating in a research report on Monday, July 31st. Goldman Sachs Group, Inc. (The) set a €7.27 ($8.55) target price on Banco Santander, and gave the stock a “buy” rating in a research report on Monday, July 31st. UBS AG set a €6.29 ($7.40) target price on Banco Santander, and gave the stock a “buy” rating in a research report on Friday, July 28th. Finally, Deutsche Bank AG set a €6.60 ($7.76) price target on Banco Santander, and gave the stock a “buy” rating in a report on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €6.26 ($7.37).
Shares of Banco Santander, (BME SAN) traded down €0.05 ($0.06) during trading on Tuesday, hitting €5.66 ($6.66). The stock had a trading volume of 33,620,000 shares, compared to its average volume of 68,750,000. Banco Santander, has a 12-month low of €4.08 ($4.80) and a 12-month high of €6.25 ($7.35).
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Banco Santander, Company Profile
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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