Banco Santander Brasil SA (ADR) (NYSE:BSBR) price target raised to $8.10, released a ratings update earlier today by Goldman Sachs Group Inc.
- Updated: September 24, 2016
In a report released on 9/23/2016 Goldman Sachs Group Inc. bumped up the target of Banco Santander Brasil SA (ADR) (NYSE:BSBR) to $8.10 indicating a possible upside of 0.21%.
On 2/03/2015, Deutsche Bank released a statement for Banco Santander Brasil SA (ADR) (NYSE:BSBR) bumped down the target price from $6.00 to $4.00. At the time, this indicated a possible downside of -0.01%.
Just yesterday Banco Santander Brasil SA (ADR) (NYSE:BSBR) traded -1.33% lower at $6.67. The company’s 50-day moving average is $6.83 and its 200-day moving average is $5.59. The last stock close price is up 19.43% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was down over the average, with 995,746 shares of BSBR changing hands under the typical 1,310,010
With a total market value of $0, Banco Santander Brasil SA (ADR) has 52 week low of $2.99 and a 52 week high of $7.19 with a P/E ratio of 12.17 .
Brief Synopsis On Banco Santander Brasil SA (ADR) (NYSE:BSBR)
Banco Santander (Brasil) S.A. (Santander Brasil) is indirectly controlled by Banco Santander, S.A., and is an institution of the financial and non-financial group. The Bank operates as a multiple bank. The Bank operates through two segments: Commercial Banking and Global Wholesale Banking. The Commercial Banking segment encompasses the entire commercial banking business (except for the Corporate Banking business managed globally using the Global Relationship Model). The Global Wholesale Banking segment reflects the returns on the Global Corporate Banking business, those on Investment Banking and Markets across the world, including all treasury departments and the equities business. It operates with commercial, investment, credit and financing and exchange, mortgage lending, leasing, credit cards and securities brokerage. It offers long-term loans to its customers for the purchase of real estate, secured by deeds of trust.
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