Banco Santander, S.A. (BME:SAN) Given a €6.80 Price Target by J P Morgan Chase & Co Analysts

J P Morgan Chase & Co set a €6.80 ($8.00) price objective on Banco Santander, S.A. (BME:SAN) in a research report sent to investors on Monday, July 31st. The brokerage currently has a buy rating on the stock.

Several other brokerages also recently commented on SAN. Kepler Capital Markets set a €5.80 ($6.82) price objective on Banco Santander, and gave the stock a neutral rating in a research note on Wednesday, June 28th. UBS AG set a €6.50 ($7.65) price objective on Banco Santander, and gave the stock a buy rating in a research note on Monday, May 22nd. Goldman Sachs Group, Inc. (The) set a €7.60 ($8.94) price objective on Banco Santander, and gave the stock a buy rating in a research note on Saturday, May 20th. Citigroup Inc. set a €5.95 ($7.00) price objective on Banco Santander, and gave the stock a neutral rating in a research note on Monday, May 22nd. Finally, Deutsche Bank AG set a €6.60 ($7.76) target price on Banco Santander, and gave the company a buy rating in a report on Tuesday, June 6th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Banco Santander, has an average rating of Hold and a consensus target price of €6.30 ($7.41).

Shares of Banco Santander, (SAN) traded up 1.25% during midday trading on Monday, reaching $6.46. The company had a trading volume of 4,265,834 shares. Banco Santander, has a 12-month low of $4.10 and a 12-month high of $6.99. The stock’s 50 day moving average is $6.71 and its 200-day moving average is $6.29. The stock has a market capitalization of $99.36 billion and a PE ratio of 12.14.

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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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