UBS Group Analysts Give Banco Santander (SAN) a €5.85 Price Target

Banco Santander (BME:SAN) has been given a €5.85 ($6.80) price objective by stock analysts at UBS Group in a report released on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price indicates a potential upside of 7.54% from the company’s current price.

Other research analysts also recently issued research reports about the company. Goldman Sachs Group set a €6.70 ($7.79) price target on Banco Santander and gave the stock a “buy” rating in a research note on Wednesday, August 15th. Morgan Stanley set a €5.90 ($6.86) price target on Banco Santander and gave the stock a “buy” rating in a research note on Monday, September 10th. 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, HSBC set a €5.30 ($6.16) price target on Banco Santander and gave the stock a “buy” rating in a research note on Tuesday, October 9th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the stock. Banco Santander has a consensus rating of “Buy” and a consensus target price of €5.84 ($6.79).

Shares of SAN stock traded up €0.11 ($0.13) on Thursday, hitting €5.44 ($6.33). 123,600,000 shares of the stock were exchanged, compared to its average volume of 75,230,000. Banco Santander has a one year low of €5.27 ($6.13) and a one year 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.

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Analyst Recommendations for Banco Santander (BME:SAN)

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