Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Banco Santander Brasil (BSBR) Stock Price

Headlines about Banco Santander Brasil (NYSE:BSBR) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Banco Santander Brasil earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 45.3660774693348 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media stories that may have impacted Accern’s scoring:

Shares of Banco Santander Brasil (NYSE:BSBR) traded up $0.01 during trading on Tuesday, hitting $9.65. 1,742,500 shares of the stock traded hands, compared to its average volume of 2,194,156. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.90 and a current ratio of 0.90. Banco Santander Brasil has a 1-year low of $6.86 and a 1-year high of $11.75. The firm has a market cap of $36,205.49, a price-to-earnings ratio of 17.53, a P/E/G ratio of 0.84 and a beta of 1.51.

Several brokerages have recently weighed in on BSBR. BidaskClub lowered shares of Banco Santander Brasil from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. ValuEngine lowered shares of Banco Santander Brasil from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of Banco Santander Brasil from a “hold” rating to a “buy” rating and set a $9.75 target price on the stock in a research report on Tuesday, August 15th. Finally, J P Morgan Chase & Co upgraded shares of Banco Santander Brasil from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $8.00 to $10.00 in a research report on Wednesday, November 1st. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $14.25.

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About Banco Santander Brasil

Banco Santander (Brasil) SA (the Bank) is indirectly controlled by Banco Santander, SA, and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange.

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