Banco Santander, S.A. (SAN) Given Average Recommendation of “Buy” by Brokerages

Banco Santander, S.A. (BME:SAN) has received an average recommendation of “Buy” from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is €5.48 ($6.37).

Several equities research analysts have recently commented on SAN shares. Jefferies Financial Group set a €4.00 ($4.65) target price on Banco Santander and gave the company a “sell” rating in a report on Monday, September 24th. Goldman Sachs Group set a €6.50 ($7.56) target price on Banco Santander and gave the company a “buy” rating in a report on Wednesday, September 12th. Morgan Stanley set a €5.90 ($6.86) target price on Banco Santander and gave the company a “buy” rating in a report on Monday, September 10th. Kepler Capital Markets set a €3.90 ($4.53) target price on Banco Santander and gave the company a “sell” rating in a report on Monday, September 24th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Banco Santander in a report on Tuesday, September 4th.

Shares of BME SAN opened at €5.44 ($6.33) on Thursday. Banco Santander has a 12 month low of €5.27 ($6.13) and a 12 month high of €6.25 ($7.27).

Banco Santander Company Profile

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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