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Deutsche Bank Sticks to Its Buy Rating for Banco Santander (BNC)

Tipranks - Tipranks - Fri May 1, 6:52AM CDT

Deutsche Bank analyst Alfredo Alonso Estudillo maintained a Buy rating on Banco Santander today and set a price target of €11.50.

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According to TipRanks, Alonso Estudillo is a top 100 analyst with an average return of 40.6% and an 87.67% success rate. Alonso Estudillo covers the Financial sector, focusing on stocks such as Banco Santander, Banco Bilbao Vizcaya Argentaria, and Unicaja Banco SA.

In a report released today, UBS also maintained a Buy rating on the stock with a $12.70 price target.

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The company has a one-year high of €11.26 and a one-year low of €6.00. Currently, Banco Santander has an average volume of 34.59M.

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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