UBS Sticks to Their Buy Rating for Banco Santander (BNC)
UBS analyst Ignacio Cerezo maintained a Buy rating on Banco Santander today and set a price target of €12.70.
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According to TipRanks, Cerezo is a 5-star analyst with an average return of 26.5% and a 69.33% success rate. Cerezo covers the Financial sector, focusing on stocks such as Banco Santander, Banco Bilbao Vizcaya Argentaria, and Unicaja Banco SA.
In addition to UBS, Banco Santander also received a Buy from Barclays’s Cecilia Romero in a report issued yesterday. However, on May 5, DZ BANK AG maintained a Hold rating on Banco Santander (LSE: BNC).
The company has a one-year high of €11.26 and a one-year low of €6.75. Currently, Banco Santander has an average volume of 33.14M.
Based on the recent corporate insider activity of 47 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.
Read More on GB:BNC:
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- Fitch upgrades Banco Santander and key subsidiaries’ credit ratings
- Banco Santander price target raised to EUR 12.75 from EUR 12.50 at RBC Capital
- Banco Santander Grants Shares to Senior Executive Vice-President
- Banco Santander price target raised to EUR 12.10 at Deutsche Bank
- Banco Santander price target raised to EUR 12.30 at Morgan Stanley
