Credit Suisse Group set a €2.70 ($3.03) price objective on Banco Santander (BME:SAN) in a research report sent to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other equities research analysts also recently weighed in on SAN. HSBC set a €2.30 ($2.58) target price on shares of Banco Santander and gave the company a neutral rating in a research note on Wednesday, May 13th. Morgan Stanley set a €3.40 ($3.82) target price on shares of Banco Santander and gave the company a buy rating in a research note on Friday, July 24th. Berenberg Bank set a €1.70 ($1.91) target price on shares of Banco Santander and gave the company a sell rating in a research note on Thursday, May 21st. DZ Bank restated a sell rating on shares of Banco Santander in a research note on Friday, June 26th. Finally, Oddo Bhf set a €2.80 ($3.15) target price on shares of Banco Santander and gave the company a neutral rating in a research note on Monday, June 8th. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of €2.64 ($2.97).
Banco Santander has a one year low of €5.27 ($5.92) and a one year high of €6.25 ($7.02).
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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