Banco Santander (BME:SAN) has been given a €5.50 ($6.55) price objective by research analysts at Royal Bank Of Canada in a note issued to investors on Friday, November 17th. The firm presently has a “neutral” rating on the stock. Royal Bank Of Canada’s target price points to a potential downside of 1.43% from the company’s previous close.
SAN has been the topic of a number of other reports. J P Morgan Chase & Co set a €7.00 ($8.33) price target on shares of Banco Santander and gave the company a “buy” rating in a report on Wednesday, October 11th. Morgan Stanley set a €6.80 ($8.10) price target on shares of Banco Santander and gave the company a “buy” rating in a report on Friday, September 8th. Barclays set a €6.50 ($7.74) price target on shares of Banco Santander and gave the company a “buy” rating in a report on Friday, October 27th. Deutsche Bank set a €6.60 ($7.86) price objective on shares of Banco Santander and gave the stock a “buy” rating in a research note on Tuesday, September 26th. Finally, Societe Generale set a €6.90 ($8.21) price objective on shares of Banco Santander and gave the stock a “buy” rating in a research note on Monday, September 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. Banco Santander presently has an average rating of “Hold” and an average price target of €6.23 ($7.42).
Banco Santander (SAN) traded up €0.07 ($0.08) during midday trading on Friday, hitting €5.58 ($6.64). 34,200,000 shares of the stock traded hands, compared to its average volume of 57,550,000. Banco Santander has a twelve month low of €4.13 ($4.92) and a twelve month high of €6.25 ($7.44).
Banco Santander Company Profile
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.
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