Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Boasting a price of $8.44, Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) traded 4.86% higher on the day. With the last stock price close down -2.35% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Santander Mexico Fincl Gp SAB deCV (ADR) has recorded a 50-day average of $9.32 and a two hundred day average of $9.06. Volume of trade was up over the average, with 2,705,169 shares of BSMX changing hands over the typical 1,411,570
Zacks Investment Research has upgraded Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) to Hold in a statement released on 9/27/2016.
On 9/23/2016, Goldman Sachs released a statement for Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) bumped up the target price from $0.00 to $8.10 that suggested a downside of -0.08%.
Santander Mexico Fincl Gp SAB deCV (ADR) has PE ratio of 16.09 with a one year low of $6.76 and a one year high of $10.13 and has a market capitalization of $0.
A total of 7 brokerages have issued a ratings update on Santander Mexico Fincl Gp SAB deCV (ADR). zero brokerages rating the company a strong buy, three brokerages rating the company a buy, four brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $9.96.
General Company Details For 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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