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UBS Keeps Their Buy Rating on Banco Santander (BNC)

Tipranks - Thu Apr 23, 3:54AM CDT

In a report released today, Ignacio Cerezo from UBS maintained a Buy rating on Banco Santander, with a price target of €12.30.

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According to TipRanks, Cerezo is a 5-star analyst with an average return of 27.0% and a 70.76% success rate. Cerezo covers the Financial sector, focusing on stocks such as Banco Santander, Banco Bilbao Vizcaya Argentaria, and Unicaja Banco SA.

In a report released on April 15, Citi also reiterated a Buy rating on the stock with a $0.00 price target.

BNC market cap is currently €157.8B and has a P/E ratio of 10.62.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BNC in relation to earlier this year.

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