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Goldman Sachs Group Inc. disclosed Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX), hiking its price target to $8.10 earlier today

Yesterday Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) traded -4.10% lower at $8.78. The company’s 50-day moving average is $9.35 and its 200-day moving average is $9.05. The last closing price is down -6.99% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,544,463 shares of Santander Mexico Fincl Gp SAB deCV (ADR) exchanged hands, up from an avg. volume of 1,390,660

Indicating as possible downside of -0.08%, Goldman Sachs Group Inc. increased the target price of Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) to $8.10

Performance Chart

Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX)

With a total market value of $0, Santander Mexico Fincl Gp SAB deCV (ADR) has PE ratio of 14.90 with a one year low of $6.76 and a one year high of $10.13 .

A total of 7 analysts have released a report on Santander Mexico Fincl Gp SAB deCV (ADR). zero analysts rating the company a strong buy, three analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $9.96.

More About Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX)

Grupo Financiero Santander Mexico SAB de CV, formerly Santander Mexico Financial Group SAB de CV or Grupo Financiero Santander SAB de CV, is a Mexico-based financial institution. The Company is primarily engaged in the provision of multiple banking services, securities brokerage, financial advice services, as well as other related investment activities. The Company offers its services to both, individual and corporate clients. The Company owns such principal subsidiaries as Banco Santander (Mexico) SA, Casa de Bolsa Santander SA de CV and Zurich Santander Seguros Mexico S.A.

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