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Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.

Just yesterday Santander Mexico Fincl Gp SAB deCV (ADR) (NYSE:BSMX) traded 2.05% lower at $9.43. BSMX’s 50-day average is $9.46 and its two hundred day average is $9.05. With the last stock close up 4.96% relative to the 200-day moving average, compared with the S&P 500 which has fallen -0.01% over the same period. Volume of trade was was up over the average, with 2,274,759 shares of BSMX changing hands over the typical 1,274,620 shares..

Zacks Investment Research has upgraded Santander Mexico Fincl Gp SAB deCV (ADR)(NYSE:BSMX) to Hold in a statement released Friday August 19 2016.

Performance Graph:

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

In addition to Zacks Investment Research reporting it’s target price, a total of 7 firms have issued a research note on the stock. The 12-month target price is $9.96 with 0 rating the stock a strong buy, three analysts rating the company a buy, four firms rating the stock a hold, 0 rating the company to underperform, and lastly 0 analysts rating the company as sell.

With a market cap of $0.0, Santander Mexico Fincl Gp SAB deCV (ADR) has a price-earnings of 15 with a 52 week low of $6.76 and a 52 week high of $10.13.

Brief Synopsis 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, and Casa de Bolsa Santander SA de CV and Zurich Santander Seguros Mexico S.A.

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