UBS Group set a €4.00 ($4.71) price objective on Banco Santander (BME:SAN) in a research report released on Monday morning, Borsen Zeitung reports.
A number of other research analysts have also issued reports on SAN. Barclays set a €4.00 ($4.71) target price on shares of Banco Santander in a research note on Thursday, July 29th. Berenberg Bank set a €3.05 ($3.59) price target on shares of Banco Santander and gave the stock a hold rating in a research note on Friday, August 6th. The Goldman Sachs Group set a €4.70 ($5.53) price target on shares of Banco Santander in a research note on Wednesday, July 28th. Royal Bank of Canada upped their price target on shares of Banco Santander from €3.30 ($3.88) to €3.40 ($4.00) and gave the stock an outperform rating in a research note on Friday, August 6th. Finally, Deutsche Bank Aktiengesellschaft set a €3.85 ($4.53) price target on shares of Banco Santander and gave the stock a buy rating in a research note on Thursday, July 29th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of Buy and an average target price of €3.67 ($4.32).
Banco Santander has a 1 year low of €5.27 ($6.20) and a 1 year high of €6.25 ($7.35).
Banco Santander, SA, together with its subsidiaries, provides various retail and commercial banking products and services to individuals, small and medium-sized enterprises, and large companies worldwide. It offers demand and time deposits, and current and savings accounts; mortgages, consumer finance, syndicated corporate loans, structured financing, cash management, export and agency finance, trade and working capital solutions, and corporate finance; and insurance products.
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