Banco Santander (SAN) Given a €6.50 Price Target at Credit Suisse Group

Banco Santander (BME:SAN) received a €6.50 ($8.02) price objective from investment analysts at Credit Suisse Group in a report released on Wednesday. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 16.49% from the stock’s current price.

A number of other research firms also recently issued reports on SAN. JPMorgan Chase & Co. set a €7.00 ($8.64) price objective on shares of Banco Santander and gave the stock a “buy” rating in a report on Thursday, October 26th. UBS Group set a €6.35 ($7.84) price objective on shares of Banco Santander and gave the stock a “buy” rating in a report on Wednesday, January 31st. S&P Global set a €7.00 ($8.64) price objective on shares of Banco Santander and gave the stock a “buy” rating in a report on Thursday, February 1st. Goldman Sachs Group set a €6.17 ($7.62) price objective on shares of Banco Santander and gave the stock a “neutral” rating in a report on Thursday, October 12th. Finally, Morgan Stanley set a €7.00 ($8.64) price objective on shares of Banco Santander and gave the stock a “buy” rating in a report on Wednesday, December 13th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of €6.37 ($7.86).

Shares of Banco Santander (BME:SAN) opened at €5.58 ($6.89) on Wednesday. Banco Santander has a fifty-two week low of €4.85 ($5.99) and a fifty-two week high of €6.25 ($7.72). The stock has a market cap of $90,040.00 and a price-to-earnings ratio of 13.61.

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About Banco Santander

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.

Analyst Recommendations for Banco Santander (BME:SAN)

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