Banco Santander (BME:SAN) has been assigned a €5.80 ($6.74) target price by equities researchers at Deutsche Bank in a research report issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s price objective suggests a potential upside of 6.62% from the company’s current price.
SAN has been the topic of a number of other research reports. Kepler Capital Markets set a €3.90 ($4.53) price objective on Banco Santander and gave the company a “sell” rating in a report on Monday, September 24th. JPMorgan Chase & Co. set a €7.10 ($8.26) price objective on Banco Santander and gave the company a “buy” rating in a report on Wednesday, July 25th. Royal Bank of Canada set a €5.50 ($6.40) price objective on Banco Santander and gave the company a “neutral” rating in a report on Friday, July 13th. Credit Suisse Group set a €5.40 ($6.28) price objective on Banco Santander and gave the company a “buy” rating in a report on Friday, October 19th. Finally, Goldman Sachs Group set a €6.50 ($7.56) target price on Banco Santander and gave the company a “buy” rating in a research report on Friday, September 21st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of €5.48 ($6.37).
SAN opened at €5.44 ($6.33) on Wednesday. Banco Santander has a one year low of €5.27 ($6.13) and a one year high of €6.25 ($7.27).
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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