Deutsche Bank set a €5.80 ($6.74) target price on Banco Santander (BME:SAN) in a research report released on Wednesday morning. The firm currently has a buy rating on the stock.
SAN has been the topic of several other research reports. Kepler Capital Markets set a €3.90 ($4.53) price objective on Banco Santander and gave the stock a sell rating in a report on Monday, September 24th. JPMorgan Chase & Co. set a €7.10 ($8.26) price objective on Banco Santander and gave the stock a buy rating in a report on Wednesday, July 25th. Credit Suisse Group set a €5.40 ($6.28) price objective on Banco Santander and gave the stock a buy rating in a report on Friday, October 19th. Royal Bank of Canada set a €5.50 ($6.40) price objective on Banco Santander and gave the stock a neutral rating in a report on Friday, July 13th. Finally, Goldman Sachs Group set a €6.50 ($7.56) price objective on Banco Santander and gave the stock a buy rating in a report on Friday, September 21st. Two analysts have rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company. The company has a consensus rating of Buy and an average target price of €5.48 ($6.37).
SAN opened at €5.44 ($6.33) on Wednesday. Banco Santander has a 12 month low of €5.27 ($6.13) and a 12 month 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.
Further Reading: Initial Public Offering (IPO)
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