Banco Santander, S.A. (NYSE:SAN) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued on Monday.

Several other equities analysts have also issued reports on the company. Zacks Investment Research raised Banco Santander, from a “hold” rating to a “buy” rating and set a $7.75 price target on the stock in a research note on Wednesday, June 14th. Bank of America Corporation raised Banco Santander, from an “underperform” rating to a “neutral” rating in a research note on Friday, June 9th. Keefe, Bruyette & Woods raised Banco Santander, from an “underperform” rating to a “market perform” rating and set a $25.50 price target on the stock in a research note on Thursday, April 27th. Citigroup Inc. lowered Banco Santander, from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 25th. Finally, J P Morgan Chase & Co reaffirmed a “buy” rating on shares of Banco Santander, in a research note on Thursday, April 20th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $16.63.

Banco Santander, (NYSE:SAN) traded down 1.04% on Monday, reaching $6.69. The company had a trading volume of 3,369,385 shares. Banco Santander, has a 12 month low of $3.89 and a 12 month high of $6.99. The company has a market capitalization of $97.54 billion, a price-to-earnings ratio of 13.91 and a beta of 1.40. The company’s 50 day moving average price is $6.62 and its 200-day moving average price is $5.95.

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Large investors have recently added to or reduced their stakes in the stock. Keybank National Association OH bought a new stake in Banco Santander, during the first quarter worth approximately $114,000. Farmers & Merchants Investments Inc. increased its stake in Banco Santander, by 2.5% in the first quarter. Farmers & Merchants Investments Inc. now owns 19,694 shares of the bank’s stock worth $120,000 after buying an additional 485 shares in the last quarter. Proficio Capital Partners LLC increased its stake in Banco Santander, by 183.5% in the first quarter. Proficio Capital Partners LLC now owns 19,732 shares of the bank’s stock worth $130,000 after buying an additional 12,773 shares in the last quarter. Edgar Lomax Co. VA increased its stake in Banco Santander, by 83.4% in the first quarter. Edgar Lomax Co. VA now owns 19,900 shares of the bank’s stock worth $122,000 after buying an additional 9,050 shares in the last quarter. Finally, Signaturefd LLC increased its stake in Banco Santander, by 22.8% in the first quarter. Signaturefd LLC now owns 23,936 shares of the bank’s stock worth $145,000 after buying an additional 4,448 shares in the last quarter. Institutional investors and hedge funds own 0.71% of the company’s stock.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Banco Santander, (NYSE:SAN)

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