Goldman Sachs Group Reiterates €6.30 Price Target for Banco Santander (SAN)

Banco Santander (BME:SAN) received a €6.30 ($7.33) target price from research analysts at Goldman Sachs Group in a research report issued to clients and investors on Wednesday, October 31st. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 15.81% from the stock’s current price.

A number of other analysts have also issued reports on SAN. Jefferies Financial Group set a €4.90 ($5.70) target price on Banco Santander and gave the stock a “sell” rating in a research report on Wednesday, July 25th. UBS Group set a €6.45 ($7.50) target price on Banco Santander and gave the stock a “buy” rating in a research report on Tuesday, July 3rd. Societe Generale set a €6.20 ($7.21) price target on Banco Santander and gave the stock a “buy” rating in a research note on Thursday, July 26th. Cfra set a €6.00 ($6.98) price target on Banco Santander and gave the stock a “buy” rating in a research note on Thursday, July 26th. Finally, Royal Bank of Canada set a €5.50 ($6.40) price target on Banco Santander and gave the stock a “neutral” rating in a research note on Wednesday, July 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of €5.46 ($6.35).

Shares of BME SAN traded up €0.11 ($0.13) during midday trading on Wednesday, reaching €5.44 ($6.33). 123,600,000 shares of the company’s stock were exchanged, compared to its average volume of 75,230,000. Banco Santander has a 52-week low of €5.27 ($6.13) and a 52-week 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; 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.

See Also: Dollar Cost Averaging

Analyst Recommendations for Banco Santander (BME:SAN)

Receive News & Ratings for Banco Santander Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Santander and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply