A statement released earlier today by Zacks Investment Research about Banco Santander, S.A. (ADR) (NYSE:SAN) bumps the target price to $5.00
- Updated: September 22, 2016
Having a price of $4.57, Banco Santander, S.A. (ADR) (NYSE:SAN) traded 1.33% higher on the day. With the last close up 3.26% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Banco Santander, S.A. (ADR) has recorded a 50-day average of $4.36 and a two hundred day average of $4.43. Volume of trade was down over the average, with 3,839,464 shares of SAN changing hands under the typical 8,121,840
Zacks Investment Research increased the stock price target of Banco Santander, S.A. (ADR) (NYSE:SAN) to $5.00 stating a potential upside of 0.09%.
With a total market value of $0, Banco Santander, S.A. (ADR) has P/E ratio of 13.89 with a one year low of $3.60 and a 52 week high of $6.06 .
In addition to Zacks Investment Research reporting its target price, a total of 1 broker has issued a report on the stock. The consensus target price is $4.82 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Banco Santander, S.A. (ADR) (NYSE:SAN)
Banco Santander, S.A. is a retail and commercial bank. The Bank's principal business is to attract deposits and provide loans. The Bank focuses its wholesale banking offer on providing services to its main customers in local markets. The Banks segments include Continental Europe, United Kingdom, Latin America and 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. The Latin America segment embraces all its financial activities conducted through its banks and subsidiaries in the region. The United States segment includes the holding company, Santander Holdings USA (SHUSA), the businesses of Santander Bank, Santander Consumer USA and Banco Santander Puerto Rico, the specialized unit of Banco Santander International and Spanish Branch of Santander in New York.
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