Shares of Banco Santander, S.A. (BME:SAN) have been given an average rating of “Buy” by the fourteen brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and ten have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is €5.43 ($6.31).

Several analysts recently weighed in on the company. Morgan Stanley set a €5.90 ($6.86) price target on Banco Santander and gave the stock a “buy” rating in a report on Monday, September 10th. Goldman Sachs Group set a €6.70 ($7.79) price target on Banco Santander and gave the stock a “buy” rating in a report on Wednesday, August 15th. HSBC set a €5.30 ($6.16) price target on Banco Santander and gave the stock a “buy” rating in a report on Tuesday, October 9th. Kepler Capital Markets set a €3.80 ($4.42) price target on Banco Santander and gave the stock a “sell” rating in a report on Thursday, November 1st. Finally, Citigroup set a €4.15 ($4.83) price target on Banco Santander and gave the stock a “neutral” rating in a report on Thursday, November 1st.

Banco Santander has a fifty-two week low of €5.27 ($6.13) and a fifty-two week high of €6.25 ($7.27).

About Banco Santander

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.

See Also: Dollar Cost Averaging

Analyst Recommendations for Banco Santander (BME:SAN)

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