Banco Santander SA (BME:SAN) Receives Consensus Rating of “Buy” from Brokerages

Shares of Banco Santander SA (BME:SAN) have received a consensus recommendation of “Buy” from the fifteen analysts that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is €5.01 ($5.83).

Several analysts have weighed in on the company. Deutsche Bank set a €5.30 ($6.16) price objective on Banco Santander and gave the company a “buy” rating in a research report on Friday, April 12th. Goldman Sachs Group set a €6.18 ($7.19) price objective on Banco Santander and gave the company a “buy” rating in a research report on Wednesday, April 10th. UBS Group set a €5.30 ($6.16) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Thursday, April 4th. Credit Suisse Group set a €5.00 ($5.81) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Thursday, April 4th. Finally, Royal Bank of Canada set a €5.70 ($6.63) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Wednesday, April 3rd.

Banco Santander has a 12-month low of €5.27 ($6.13) and a 12-month high of €6.25 ($7.27).

Banco Santander Company Profile

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; mortgages, consumer finance, auto finance, and personal loans; export and agency finance, trade and working capital solutions, syndicated corporate loans, and structured financing; debt capital markets and global markets services; and debit and credit cards.

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Analyst Recommendations for Banco Santander (BME:SAN)

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