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RBC Capital Remains a Buy on Banco Santander (BNC)

Tipranks - Tipranks - Wed May 13, 5:32AM CDT

RBC Capital analyst Benjamin Toms reiterated a Buy rating on Banco Santander today and set a price target of €12.75.

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According to TipRanks, Toms is a 5-star analyst with an average return of 18.3% and a 67.95% success rate. Toms covers the Financial sector, focusing on stocks such as HSBC Holdings, Banco Santander, and OSB Group PLC.

In addition to RBC Capital, Banco Santander also received a Buy from Goldman Sachs’s Sofie Peterzens in a report issued on May 8. However, on May 5, DZ BANK AG maintained a Hold rating on Banco Santander (LSE: BNC).

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The company has a one-year high of €11.26 and a one-year low of €6.72. Currently, Banco Santander has an average volume of 33.89M.

Based on the recent corporate insider activity of 50 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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