Banco Santander, S.A. (NYSE:SAN) has received an average rating of “Hold” from the sixteen research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $25.50.

A number of equities analysts have recently commented on SAN shares. Zacks Investment Research lowered shares of Banco Santander, from a “buy” rating to a “hold” rating in a research report on Saturday, June 10th. Bank of America Corporation raised shares of Banco Santander, from an “underperform” rating to a “neutral” rating in a research report on Friday, June 9th. ValuEngine raised shares of Banco Santander, from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 17th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating on shares of Banco Santander, in a research report on Tuesday, August 15th. Finally, BidaskClub lowered shares of Banco Santander, from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th.

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Banco Santander, (NYSE:SAN) last announced its quarterly earnings data on Friday, July 28th. The bank reported $0.12 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.02). The firm had revenue of $13.10 billion during the quarter. Banco Santander, had a return on equity of 6.70% and a net margin of 14.98%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP acquired a new stake in Banco Santander, in the first quarter valued at approximately $6,464,000. Stifel Financial Corp boosted its stake in Banco Santander, by 12.3% in the first quarter. Stifel Financial Corp now owns 557,347 shares of the bank’s stock valued at $3,378,000 after acquiring an additional 61,077 shares in the last quarter. WBI Investments Inc. acquired a new stake in Banco Santander, in the second quarter valued at approximately $3,171,000. Fifth Third Bancorp boosted its stake in Banco Santander, by 41.0% in the first quarter. Fifth Third Bancorp now owns 65,046 shares of the bank’s stock valued at $395,000 after acquiring an additional 18,930 shares in the last quarter. Finally, Pacer Advisors Inc. boosted its stake in Banco Santander, by 409.9% in the second quarter. Pacer Advisors Inc. now owns 151,887 shares of the bank’s stock valued at $1,016,000 after acquiring an additional 122,097 shares in the last quarter. Institutional investors own 1.30% of the company’s stock.

About Banco Santander,

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.

Analyst Recommendations for Banco Santander, (NYSE:SAN)

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