Banco Santander-Chile (BSAC) Given $21.19 Consensus Price Target by Brokerages
Banco Santander-Chile (NASDAQ:BSAC) has been given an average broker rating score of 3.25 (Hold) from the four analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company. Banco Santander-Chile’s rating score has declined by 30% from 90 days ago as a result of various analysts’ ratings changes.
Brokers have set a 12 month consensus price objective of $21.19 for the company and are expecting that the company will post $0.40 EPS for the current quarter, according to Zacks. Zacks has also given Banco Santander-Chile an industry rank of 47 out of 265 based on the ratings given to its competitors.
Several research analysts have weighed in on the stock. Bank of America Corp. reiterated an “underperform” rating and issued a $20.00 price target on shares of Banco Santander-Chile in a research report on Wednesday, September 7th. Zacks Investment Research upgraded shares of Banco Santander-Chile from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a research report on Tuesday, August 23rd.
Banco Santander-Chile (NASDAQ:BSAC) traded down 0.78% during mid-day trading on Friday, reaching $20.46. 94,567 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $20.90 and a 200-day moving average price of $19.92. The stock has a market capitalization of $9.64 billion and a PE ratio of 12.79. Banco Santander-Chile has a 12-month low of $15.69 and a 12-month high of $22.62.
Banco Santander-Chile (NASDAQ:BSAC) last released its quarterly earnings results on Thursday, July 28th. The company reported $0.40 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by $0.01. During the same period last year, the company posted $0.47 EPS. Equities research analysts expect that Banco Santander-Chile will post $1.58 EPS for the current year.
An institutional investor recently raised its position in Banco Santander-Chile stock. Capstone Asset Management Co. boosted its stake in shares of Banco Santander-Chile (NASDAQ:BSAC) by 2.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 311,526 shares of the company’s stock after buying an additional 8,371 shares during the period. Capstone Asset Management Co. owned 0.07% of Banco Santander-Chile worth $6,445,000 as of its most recent filing with the SEC.
Banco Santander-Chile Company Profile
Banco Santander-Chile is a Chilean bank. The Company provides commercial and retail banking services to its customers. Its commercial and retail banking services include Chilean peso and foreign currency denominated loans to finance a range of commercial transactions, trade, foreign currency forward contracts and credit lines and a line of retail banking services, including mortgage financing.
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