Banco Santander SA (BME:SAN) Given Consensus Recommendation of “Hold” by Analysts

Shares of Banco Santander SA (BME:SAN) have earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is €4.75 ($5.52).

A number of equities research analysts recently issued reports on the stock. Goldman Sachs Group set a €5.43 ($6.31) target price on shares of Banco Santander and gave the company a “buy” rating in a report on Thursday. Jefferies Financial Group set a €3.60 ($4.19) price objective on shares of Banco Santander and gave the stock a “sell” rating in a research note on Wednesday, July 3rd. Deutsche Bank set a €4.90 ($5.70) price objective on shares of Banco Santander and gave the stock a “buy” rating in a research note on Wednesday, July 17th. JPMorgan Chase & Co. set a €5.00 ($5.81) price objective on shares of Banco Santander and gave the stock a “buy” rating in a research note on Tuesday, July 23rd. Finally, Credit Suisse Group set a €5.00 ($5.81) price objective on shares of Banco Santander and gave the stock a “buy” rating in a research note on Tuesday, July 16th.

Banco Santander has a twelve month low of €5.27 ($6.13) and a twelve 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; 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.

Read More: What is a capital gains distribution?

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.